Financial solutions platform Uulala makes the necessary financial inclusion tools available to the underbanked population. Its micro-credit algorithms and processes could extrapolate the behavioral habits and purchase history of users to estimate their financial abilities in a moment by moment basis. Majority of financial activities does not count for a standard credit score. The fico system does not operate worldwide. A change is necessary for international consumers to access their desired services and products. The Uulala platform is an innovate system that monitors every financial activity and combines it with decentralized database tech to display a user’s creditworthiness level.
Uulala is a minority-owned US-headquartered firm. Most of the shareholders are first- or second-generation Latin Americans. It is a mission-driven organization to accelerate and facilitate the financial inclusion of the unbanked and under-banked population throughout the Americas. It empowers the world’s under-banked communities via the Uulala platform by offering financial tools allowing them to send funds, build credit, elevate out of a cash-only environment, and participate in e-commerce.
Uulala is encouraging change and improvement for Latino culture via the potential social impact of their mobile app and banking platform on a society lacking faith in traditional banking systems. Its platform offers ways for Latinos to build credit and participate in secure financial transactions. It also enables them access to shopping and entertainment services that used to be inaccessible due to their banking status.
Uulala addresses some significant issues faced by cash-based consumers with the implementation of its smartphone app, banking core technology, and blockchain. It developed a decentralized P2P network for loading cash into the digital economy. Upon loading in funds, users can access a digital MasterCard to join e-commerce or other purchase means. They can quickly pay their bills, send payments cross borders, or top up their cell phone using the mobile app.
|Price||1 UULA = 0.28 USD|
|Soft Cap||5,000,000 USD|
|Hard Cap||50,000,000 USD|