if you want to buy apple account, choose buyappleacc.com, buyappleacc.com is a best provider within bussiness for more than 3 years. choose us, you will never regret. we provied worldwide apple developer account for sale.
Aug 13 - China's online giant, Tencent HoldingsLtd, and SoftBank Group Corp's LatinAmerica-focused fund led an investment round for Argentine firmUala which took its valuation to $2.45 billion, the fintechcompany said on Friday.
The $350 million investment comes several months after Ualaannounced its expansion into Mexico, as it tries to capitalizeon the interest around the fast-growing fintech industry inLatin America.
Launched in October 2017, Uala offers a Mastercard brandedprepaid card and an app that allows users access to a number offinancial services including sending and receiving money, onlineshopping, withdrawing cash at ATMs and requesting loans.
The digital banking startup, founded by Harvard Universitygraduate Pierpaolo Barbieri, has a headcount of 1,000, and aimsto raise it to 1,500 by the end of the year. In an interview inMay, Barbieri said Uala could eventually expand into Peru,Paraguay, Colombia, Chile, United States and Europe.
In June, the company said it had issued more than threemillion Mastercard branded prepaid cards in Argentina. Uala isalso trying to expand through the acquisition of rival Wilobank,the first fully digital bank approved by the central bank inArgentina.
Investment giant SoftBank has doubled down on its bets inSouth America, with the Japanese conglomerate investing instartups including Mexico's Clip and Brazil's Creditas.
Nubank, the Brazilian digital bank backed by WarrenBuffett's Berkshire Hathaway, is also gearing up for aU.S. listing that could be one of the biggest market debuts of aSouth American company.
Uala's latest round included existing investors GoldmanSachs, venture capital firms Ribbit Capital and GreyhoundCapital and billionaire George Soros' investment firm, SorosFund Management.
New investors D1 Capital Partners and 166 2nd, a fundcreated by WeWork co-founder Adam Neumann, alsoparticipated in the round. REUTERS