Argentinian neobank Ualá launched a new Mastercard credit card issued by Argentine digital bank, Uilo. The card is available to users with a Uilo savings account through Ualá. Credit card holders can access perks through the Ualá+ loyalty program.
The launch of the credit card is significant given that 60% of Argentinian adults lack access to credit, as indicated by the Financial Inclusion Report from the Central Bank of the Argentine Republic (BCRA).
Ualá’s ecosystem covers payments, credits, investments, and collections, complemented by other products and services. Users can also invest in Argentine stocks through the Neobank’s app.
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