NALA Obtains an IMTO Licence in Uganda
September 4, 2024
NALA has been granted an IMTO licence from the Bank of Uganda. The IMTO license will enable us to integrate directly with mobile money services and enable users to conveniently pay into local mobile wallets,…
NALA Secures $40 Million in Series A Funding to Expand its B2B Payments platform
July 10, 2024
Tanzanian-born fintech, Nala, has announced that it has raised $40 million in a series A funding round led by Acrew Capital with the participation of DST Global, Norrsken22, and HOF Capital. Nala allows individuals in…
Equity partners with NALA to facilitate diaspora remittances to Kenya
July 27, 2022
Equity Bank has announced a new partnership with NALA to allow Kenyans in the diaspora to send money back home. This partnership was announced last week and will make it possible for Kenyans in the…
Cellulant Partners with NALA to Power Low-Cost Cross-Border Payments from the UK and USA into Africa
April 28, 2022
NALA has teamed up with Cellulant to power remittance payments from the United Kingdom and United States into Kenya, Uganda, Rwanda, Tanzania and Ghana. Besides Official Direct Assistance (ODA), remittances make up the second-largest source…