Fintech Ualá Launches First No-Fee Credit Card in Argentina
- Barbieri expects ‘millions’ of Argentines to sign up
- Top executive bullish on home country despite its woes
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Ualá, the Buenos Aires-based fintech backed by George Soros, Steve Cohen and Tencent Holdings, will begin offering no-fee credit cards Friday to its five million customers in Argentina.
Six years after the company’s founding, its credit card service will be gradually rolled out to users in Argentina, following a launch of a similar product in Mexico earlier this year, Chief Executive Officer Pierpaolo Barbieri said in an interview.