[Ualá Completes $197 Million Financing, Led by Allianz X with Participation from Tether] Odaily Planet Daily News: Argentine digital bank Ualá has completed $197 million in financing, led by Allianz Group's strategic investment arm Allianz X, with Tether contributing $20 million. The financing round was announced in March, valuing Ualá at $3.2 billion. Ualá has over 11 million users, with operations spanning Argentina, Mexico, and Colombia. The company plans to use the funds for expansion in Latin America, with Mexico as a key focus market. Ualá founder and CEO Pierpaolo Barbieri stated that this investment does not include the integration of stablecoins into the platform. Ualá operates as a licensed bank in the relevant markets, and regulatory rules restrict such integrations.