Ualá seeks to buy Wilobank

Ualá seeks to buy Wilobank

Corporate & Sovereign Strategy M&A Digital Payments Technology Latin America South America Argentina Mexico

Argentine financial technology form Ualá has entered talks to acquire the local digital bank Wilobank, part of an expansion drive that has taken it to Mexico, its first international market, founder Pierpaolo Barbieri said Wednesday. The executive declined to provide details about the proposed acquisition in a talk at Nuevo Dinero's Payments 2021 conference, saying that the deal is in the process of gaining approval of the central bank. "All I can say is that the best is yet to come," he said. T

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