BLOOMBERG Ualá launches mobile payments for small businesses in Mexico 28-04-2022 10:19 Argentina’s Ualá mobile payments company is expanding into merchant services in Mexico.
BLOOMBERG Argentine fintech Ualá launches in Colombia amid LatAm expansion 27-01-2022 16:42 Mobile payments startup Ualá is kicking off operations in Colombia, its third market in Latin America after Argentina and Mexico.
BLOOMBERG Argentine fintech Ualá buys Mexican bank ABC Capital 05-11-2021 02:07 Argentine financial services startup Ualá has reached an agreement to buy Mexican bank ABC Capital SA, as part of its bid to keep growing abroad.
BLOOMBERG Cuba lays groundwork to legalise cryptocurrency transactions 30-08-2021 10:43 Communist government is trying to legalise and regulate the growing use of cryptocurrencies on the island as citizens ramp up transactions to evade state controls.
Bloomberg Argentina’s Ualá valued at US$2.45 billion after financing round 13-08-2021 12:16 Pierpaolo Barbier's Ualá valued at US$2.45 billion in a financing round led by Japanese conglomerate SoftBank Group Corp and Chinese Internet giant Tencent Holdings.
FINTECH Argentina’s Brubank plans push into Colombia, Peru in 2022 12-08-2021 15:12 Argentine digital bank is looking to expand to Colombia and Peru in 2022 after raising more financing at the end of this year.
ECONOMIC TURMOIL Venezuelans desperately ditching bolivars as inflation bites 10-08-2021 14:02 Venezuela announced Thursday it would knock six zeroes off its currency – the third time in 13 years it has redenominated the bolivar. Faith in physical bank notes is at an all-time low, and people want rid of them.
CRISIS IN VENEZUELA Venezuela to slash six zeroes from its currency 05-08-2021 14:25 Venezuela will slash six zeroes off its inflation-battered currency to make it easier to use, the Central Bank said on Thursday.