Argentine fintech Ualá completed a second close of its Series E funding round on 20 March 2025, adding USD 66 million to bring the total raised in the round to USD 366 million. The company described the raise as the largest growth-equity round in Latin America in three years.
The round was initially led by Allianz X, the investment arm of the German insurance group, which anchored the first close in November 2024. The second close brought in a new investor, TelevisaUnivision, the Spanish-language media conglomerate.
The company operates a digital financial services platform that offers accounts, payment cards, and credit products to underbanked consumers.
OPERATING MARKETS
Ualá operates across three Latin American markets — Argentina, Mexico, and Colombia. Argentina is the company's home market.