Funding round

Ualá Growth
Reported as "Growth Equity"
Ualá, which works in digital financial ecosystem services in Municipio de Formosa, raised $195M in a Growth round announced on 4 Mar 2026, led by Allianz X, at a $3.20B post-money valuation. 7 firms took part. It is Ualá's sixth venture round on record; the one before was a Growth in Dec 2024.
$195M
Amount raised
$3.20B
Post-money valuation
$3.00B pre-money
7
Investors
1 lead
1.2x
Step-up from the Growth
$2.75B in Dec 2024
6.1%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Ualá at $3.20B after the new money, 1.2 times the $2.75B of its Growth (Dec 2024). The $195M bought investors about 6.1% of the company. It came 15 months after Ualá's Growth. It is 19% of the $1.04B Ualá has raised in the venture rounds on record. No later venture round is on record for Ualá.
Ualá's funding rounds
Ualá has 6 venture rounds on record. This one is highlighted.
- Series A 6 Feb 2018, led by Soros Fund Management LLC $10M
- Series B 1 Oct 2018, led by Goldman Sachs Investment Partners $34M
- Series C 25 Nov 2019, led by Tencent, SoftBank Innovation Fund and SoftBank $150M
- Series D 13 Aug 2021, led by SoftBank Latin America Fund and Tencent $350M$2.45B post-money
- Growth 31 Dec 2024 $300M$2.75B post-money
- Growth this round 4 Mar 2026, led by Allianz X $195M$3.20B post-money
Investors
Who put money in
Allianz X led the round with 6 other firms.
Lead investor
- Allianz X backs 23 venture-backed companies new investor
Also in the round
- Stone Ridge Holdings Group new investor
- Tencent new investor
- TABLE Holdings, L.P. new investor
- Soros Fund Management LLC new investor
- D1 Capital Partners new investor
- TABLE Holdings
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion, sales and marketing, scaling operations and working capital.
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
8 Growth rounds in Financial Services within a year either side disclosed an amount; the median was $138M, and this round was 1.4 times the median. The closest in time, other companies' Growth rounds in Financial Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Financial Services | 15 Jan 2026 | $150M | not disclosed | not named |
| Trade Republic Financial Services | 22 Dec 2025 | $1.40B | $14.70B | Founders Fund |
| Financial Services | 30 Jun 2026 | $49M | not disclosed | not named |
| Alpaca Financial Services | 16 Jul 2026 | $135M | not disclosed | Peak XV |
| Financial Services | 27 Aug 2026 | $74M | not disclosed | Bain Capital Tech Opportunities |
| Texas Stock Exchange Financial Services | 30 Sep 2026 | $430M | not disclosed | not named |
| ProducePay Financial Services | 1 Sep 2026 | $140M | not disclosed | Avenue Capital Group and Astanor |
| Financial Services | 5 Mar 2025 | $25M | $250M | Titanium Ventures |
Sources
Where this comes from
Reported by 6 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Ualá raise in its Growth round?
Ualá raised $195M in its Growth round, announced in Mar 2026.
Who led Ualá's Growth round?
Allianz X led it, with Stone Ridge Holdings Group, Tencent, TABLE Holdings, L.P., Soros Fund Management LLC and D1 Capital Partners and 1 more.
What was Ualá's valuation at the Growth round?
$3.20B post-money ($3.00B pre-money).
How does it compare with other Growth rounds in Financial Services?
8 Growth rounds in Financial Services within a year either side disclosed an amount; the median was $138M, and this round was 1.4 times the median.