Tencent, SoftBank lead third financing round for Ualá

Tencent, SoftBank lead third financing round for Ualá

Equity M&A Funds Argentina China Japan

China's Tencent and Japan's SoftBank have led a third fundraising round for the Argentine financial technology firm Ualá for $150 million and each received a seat on the board of directors.Endeavor Catalyst and previous investors in Ualá – Goldman Sachs Investment Partners (GSIP), Soros Fund Management, Monashees, Ribbit Capital and Jefferies – also participated in the financing round, Ualá said in a press release.Soros Fund Management led the first fundraising round for $10 million in 2017, joi

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