Argentinian fintech Ualá announced a 9% workforce reduction, affecting 140 employees, to streamline operations and boost product development following recent expansions in Argentina, Colombia, and Mexico.
The layoffs address regional role duplications, with severance packages surpassing legal requirements. Ualá, founded by Pierpaolo Barbieri in 2017 and serving over 7 million users, has recently acquired several companies, including Argentina’s Wilobank, Empretienda, and Ceibo Créditos, as well as Mexico’s ABC Capital.
NEWS Source:- [ Ссылка ]
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Company Profile:-
Founded: 2017
Industry: Apps, Banking, Credit Cards, Financial Services, FinTech, Mobile Apps, Payments
Location: Buenos Aires, Distrito Federal, Argentina
Total Funding: NA
Company Stage: NA
Founders: Pierpaolo Barbieri
Website: www.uala.com.ar
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