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Ualá
Argentine financial services company From Wikipedia, the free encyclopedia
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Ualá is an Argentine fintech company that provides a mobile application for managing a Mastercard prepaid debit card and other financial services. The company was founded by Pierpaolo Barbieri and investors include Point72 Ventures.[2] Competitors include Argentine digital bank Brubank, which provides transaction account services through their app.[3]
As per other prepaid debit cards, the account holder pre-loads money onto the card and a bank account isn't required. While Ualá’s primary product is its mobile app, the company operates within the larger fintech sector, addressing the need for digital financial inclusion in Latin America.[4] Lost or stolen Mastercard Prepaid debit cards can be frozen from within the app.[5]
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