Ualá is an Argentine

fintech Financial technology (abbreviated as fintech) refers to the application of innovative technologies to products and services in the financial industry. This broad term encompasses a wide array of technological advancements in financial services, ...

company that provides a mobile application for managing a Mastercard prepaid debit card and other financial services. The company was founded by

Pierpaolo Barbieri Pierpaolo Barbieri (born 17 May 1987) is an Argentine economic historian, researcher, executive director at Greenmantle, founder of Ualá an Argentina-based personal financial management mobile app, an17Sigmaan early stage Latin American focuse ...

and investors include Point72 Ventures. Competitors include Argentine digital bank Brubank, which provides

transaction account A transaction account (also called a checking account, cheque account, chequing account, current account, demand deposit account, or share account at credit unions) is a deposit account or bank account held at a bank or other financial instituti ...

services through their app. 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. Lost or stolen Mastercard Prepaid debit cards can be frozen from within the app.

References

{{Argentine Banks Android (operating system) software IOS software Personal finance Online financial services companies of Argentina