NALA
A new kind of mobile money transfer for Africans worldwide! Make safe, affordable, and reliable international payments to Kenya, Tanzania, and Uganda.
NALA
A new kind of mobile money transfer for Africans worldwide! Make safe, affordable, and reliable international payments to Kenya, Tanzania, and Uganda.
TL;DR
What they do: Consumer remittance app and B2B payments infrastructure enabling transfers from the UK, US, and EU into multiple African markets
Founded: 2017
Headcount (approx.): 216 employees
Recent raise: $40M Series A (July 2024)
Company Overview
Problem Domain
Cross-border remittances and payments infrastructure for African markets
Founded
2017
Industry
Fintech / Remittances
Funding Track Record
$10M
$40M
Round included participation from DST Global Partners, Norrsken22, HOF Capital, Amplo, NYCA Partners and angel investors
Investor Signal
“Backed by prominent global VCs including Acrew Capital, DST Global Partners, Amplo, Norrsken22, HOF Capital, and NYCA Partners”