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Ualá raises $350m in Series D funding

Argentina based financial management app raised $350m in Series D funding led by SoftBank Latin America Fund and Tencent. 

“We are most impressed by Ualá’s ambition and execution. Our investment will propel the next stage of their vision, furthering a regional ecosystem that can make financial services more accessible and transparent across LatAm,” said Marcelo Claure, CEO of SoftBank Group International and COO of SoftBank Group, in a written statement.

Tags

pfm, wealth management, emerging markets