Ualá

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. Competitors include Argentine digital bank Brubank, which provides transaction account 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.