Ualá Raises $195 Million in Equity Financing at a $3.2 Billion Post-Money Valuation

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March 4, 2026 – Hughes Hubbard advised Ualá in its $195 million equity financing led by Allianz X, the strategic investment arm of Allianz Group, which values the Latin American neobank at $3.2 billion on a post-money basis.

In 2024, Ualá closed its Series E funding round, which ultimately totaled $366 million, on which Hughes Hubbard also advised.

Gerold Niggemann led the Hughes Hubbard team with primary assistance from Javad Husain. Other members of the team included Emilio Saiz, Justin Cohen and Sean Reilly.

Read the press release.