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Argentina based Fintech Ualá has Issued Over 100,000 Debit Cards in Mexico, Just A Few Months After Launch


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Argentina based Fintech Ualá has Issued Over 100,000 Debit Cards in Mexico, Just A Few Months After Launch
Less than 6 months after its launch in Mexico’s markets, the Argentina-based Fintech firm
Ualá has managed to issue over 100,000 debit cards in the country.
Ualá provides a user-friendly app and various tools for effectively managing personal finances. In a recent interview with El Economista,
Ricardo Olmos, Country Manager of the company in Mexico, stated that Ualá plans to promote greater financial inclusion while “reducing the use of cash.”
Due to the COVID-19 crisis, many more conumers are now conducting transactions online. In Mexico and other parts of the world, there’s been a steady rise in digital transactions, Olmos noted. However this might not be enough to support a digital-first economy. ....

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