Ualá Welcomes Tether as an Investor

Buenos Aires, Argentina, July 15th, 2026.- Ualá today announced that Tether has joined its investor base, with a $20 million investment as part of the company's $197 million funding round led by Allianz X in March 2026.

The capital raised in this round is being used to accelerate Ualá's growth and expand its financial ecosystem across Latin America. Today, the company serves more than 11 million customers and operates with full banking licenses in Argentina, Mexico, and Colombia.

“We are proud to welcome Tether alongside the investors who backed our latest round. Their participation reinforces our conviction in what we are building: the most comprehensive and disruptive financial ecosystem in the region. This momentum allows us to deepen our investment in technology to redefine the financial experience of millions.” said Pierpaolo Barbieri, Founder and CEO of Ualá.

Tether, the largest company in the digital asset industry and operator of USD₮, the world's most used and most liquid stablecoin, has established itself as a global leader in digital infrastructure.

“Ualá has built one of the most ambitious and widely used digital financial platforms in Latin America,” said Paolo Ardoino, CEO of Tether. “Its growth reflects the enormous demand across the region for financial services that are more accessible, efficient, and designed around the needs of consumers. We are pleased to support the Ualá team as they continue investing in technology and expanding their reach."

Tether's support joins that of a distinguished group of new and existing global investors who backed the company in its latest funding round, driving Ualá's valuation to $3.2 billion on a post-money basis, reflecting the strength of its business model and its continued growth across the region.

The complete details of the round and the list of investors are available at www.ua.la/fundinground.

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