Tencent and SoftBank have led a new funding round for Argentinian financial technology startup Uala at a valuation of $2.45 billion, Reuters reported. Uala, whose mobile banking app offers a range of services from e-commerce to loans, has raised $350 million in the round, according to Reuters. The new fundraising comes as Uala is expanding beyond Argentina. Last September, the company launched...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.


Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.

Recent Popular Stories
Exclusive
startups
ai
Y Combinator’s Garry Tan Goes to the Mat