Argentine fintech Ualá raised $195 million in an equity round led by Allianz X, valuing the company at $3.2 billion. The funding will support the expansion of its financial ecosystem, which includes  payments, credit, investments, and embedded insurance across Latin America, particularly in Argentina and Mexico. With more than 11 million users, the company is scaling amid improving regional fintech funding conditions and a stabilizing Argentine macroeconomic environment.

Argentina’s Ualá Reaches $3.2 Billion Valuation in New Funding Round