Mar 21, 2025

Uala Expands Series E Funding Round with TelevisaUnivision Investment Latin American fintech company Uala has successfully increased its Series E funding round by an additional $66 million, bringing the total to $366 million. This recent boost, as reported by Bloomberg , included significant participation from Mexican media giant TelevisaUnivision. The funds are earmarked for expansion across Latin America, particularly focusing on the Mexican market, according to CEO Pierpaolo Barbieri. The Series E round initially launched in November and has become one of the largest in the region in recent years, with the company's valuation reaching $2.75 billion at the first close. The initial phase was led by Allianz X, the venture capital arm of Allianz SE , and included notable investors such as Stone Ridge Holdings Group, Bill Ackman's Pershing Square Foundation, and billionaire Alan Howard. Barbieri highlighted the strategic importance of TelevisaUnivision, stating, "Televisa is a very relevant and influential outlet, across Spanish-speaking markets but especially in Mexico. It will help us create confidence and closeness with a lot of Mexicans that still don't know us." Uala, which began in Argentina in 2017 with a debit card offering, now provides a comprehensive suite of financial products including payments, credit, merchant acquiring, and investments, tailored to each country's needs. Currently, Uala boasts 9 million clients across Latin America, with 6.5 million in Argentina alone. The company is also experiencing rapid growth in Colombia, with monthly increases as high as 15%, and is considering further regional expansion or potential mergers and acquisitions. According to IndexBox data, the financial services market in Latin America is poised for significant growth, driven by the increasing digitization of financial services across the continent. This expansion aligns with Uala's strategy to capitalize on the underinvested financial landscape in the region, excluding Brazil, which already hosts numerous digital players. REPORT DESCRIPTION DATA-DRIVEN DECISIONS FOR YOUR BUSINESS GLOSSARY AND SPECIFIC TERMS KEY FINDINGS MARKET SIZE BEST-SELLING PRODUCTS 5. MOST PROMISING SUPPLYING COUNTRIES Choosing the Best Countries to Establish Your Sustainable Supply Chain TOP PRODUCING COUNTRIES Choosing the Best Countries to Boost Your Exports TOP CONSUMING MARKETS PRODUCTION VOLUME AND VALUE IMPORTS FROM 2012–2024 EXPORTS FROM 2012–2024 The Largest Producers on The Market and Their Profiles Market Value, 2012–2024 Production, In Physical Terms, By Country, 2012–2024 Imports, In Physical Terms, By Country, 2012–2024 Imports, In Value Terms, By Country, 2012–2024 Import Prices, By Country Of Destination, 2012–2024 Exports, In Physical Terms, By Country, 2012–2024 Exports, In Value Terms, By Country, 2012–2024 Export Prices, By Country Of Origin, 2012–2024 LIST OF FIGURES Market Value, 2012–2024 Market Value Forecast to 2030 Products: Market Size And Growth, By Type Products: Average Per Capita Consumption, By Type Products: Exports And Growth, By Type Products: Export Prices And Growth, By Type Production Volume And Growth Production, In Value Terms, 2012–2024 Production, By Country, 2024 Imports, In Physical Terms, 2012–2024 Imports, In Value Terms, 2012–2024 Imports, In Physical Terms, By Country, 2024 Imports, In Physical Terms, By Country, 2012–2024 Imports, In Value Terms, By Country, 2012–2024 Import Prices, By Country, 2012–2024 Exports, In Physical Terms, 2012–2024 Exports, In Value Terms, 2012–2024 Exports, In Physical Terms, By Country, 2024 Exports, In Physical Terms, By Country, 2012–2024 Exports, In Value Terms, By Country, 2012–2024 Export Prices, 2012–2024