Software:Ualá

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Ualá
Original author(s)Pierpaolo Barbieri
Operating systemiOS, Android[1]
WebsiteOfficial website

Ualá is an Argentine fintech company that provides a mobile application for managing a Mastercard prepaid debit card and other financial services. The company was founded by Pierpaolo Barbieri and investors include Point72 Ventures.[2] Competitors include Argentine digital bank Brubank, which provides transaction account services through their app.[3]

As per other prepaid debit cards, the account holder pre-loads money onto the card and a bank account isn't required. While Ualá’s primary product is its mobile app, the company operates within the larger fintech sector, addressing the need for digital financial inclusion in Latin America.[4] Lost or stolen Mastercard Prepaid debit cards can be frozen from within the app.[5]

References

  1. ↑ "Soros vuelve a apostar al mercado local con una aplicación móvil". El Cronista. 4 October 2017. https://www.cronista.com/finanzasmercados/Soros-vuelve-a-apostar-al-mercado-local-con-una-aplicacion-movil-20171004-0029.html.  (in Spanish)
  2. ↑ "Soros, Cohen among big name investors betting on Argentine startups". Reuters. 16 November 2017. https://www.reuters.com/article/us-argentina-economy-startups/soros-cohen-among-big-name-investors-betting-on-argentine-startups-idUSKBN1DG32R. 
  3. ↑ "Qué ofrece Brubank, el nuevo banco digital del ex CEO del Citi" (in es). 10 January 2019. https://www.cronista.com/finanzasmercados/Que-ofrece-Brubank-el-nuevo-banco-digital-del-ex-CEO-del-Citi-20190110-0035.html. 
  4. ↑ "Ualá puts Argentina's unbanked in crosshairs". BNAmericas. 5 October 2017. https://www.bnamericas.com/en/news/banking/uala-puts-argentinas-unbanked-in-crosshairs. 
  5. ↑ "Ualá, la aplicación que inventó un argentino para los que no tienen cuenta bancaria". TN.com. 5 October 2017. https://tn.com.ar/tecno/twittendencias/uala-la-aplicacion-de-un-argentino-para-los-que-no-tienen-cuenta-en-un-banco_825279.  (in Spanish)



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