Nubank vs Ualá.
Nubank (N72/100) and Ualá (U49/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. Nubank leads Ualá 5-1.
| N Nubank №27 · BACEN 72 /100 | U Ualá №81 · BCRA 49 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 72 /100 | 49 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €0 Free tier |
| FX markup Debit card abroad | 4.00% | 4.00% |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | Full bank BACEN | Payment inst. BCRA |
| Deposit guarantee Per depositor | €250,000 BR.FGC | Safeguarded AR.SEDESA |
| Reach | ||
| Markets served Licensed jurisdictions | 3 countries | 3 countries |
| Crypto Coins available | 5 coins | 6 coins |
| Stocks & ETFs Self-directed | Yes | Yes |
| UX | ||
| Trustpilot Customer score | 3.1 ★ 2k reviews | 2.4 ★ 5k reviews |
| App store iOS + Android avg | 4.8 ★ iOS 4.9 · And 4.8 | 4.5 ★ iOS 4.6 · And 4.5 |
| Read review → | Read review → | |
Pick Nubank if…
Pick if you bank in Brazil and want the dominant local digital bank with full BACEN supervision.
Pick Ualá if…
The default Argentine fintech card (~9M users in AR). Wilobank acquisition (2022) gave Ualá a full Argentine banking licence — converts the wallet to a chartered bank for AR depositors. Mexican + Colombian expansions via local subsidiaries. Argentine inflation-hedge yield (Rendimientos) is a near-mandatory product for ARS holders.
- Best for fees Tied
- Best for protection Nubank won 2 of 2
- Best for reach Ualá won 1 of 3
- Best for ux Nubank won 2 of 2
Nubank vs Ualá — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Nubank better than Ualá?
Under our v3 methodology, Nubank leads Ualá 5–1 across 12 dimensions. Composite scores: Nubank 72/100 vs Ualá 49/100. Nubank is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Nubank or Ualá cheaper?
Monthly fee — Nubank: €0; Ualá: €0. Card FX markup — Nubank: 4.00%; Ualá: 4.00%. Tied across fee rows. See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, Nubank or Ualá?
Nubank holds a Full bank licence under BACEN; deposit guarantee per depositor: €250,000. Ualá holds a Payment inst. licence under BCRA; deposit guarantee per depositor: Safeguarded. Nubank is the stronger pick on regulatory protection.
Where can I use Nubank and Ualá?
Nubank operates in 3 countries; Ualá operates in 3 countries. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.
Want a 3- or 4-way comparison?
The dynamic compare picker handles up to four banks. Add this pair plus one or two more and we'll resolve every row.