In addition to the present US and UK corridors, Nala, a Tanzanian fintech firm and agent of #Ripple, a partner Modulr, has entered the European market. This will allow remittances to Africa from 19 EU countries. The NALA fintech recently incorporated ApplePay and Google Pay into its portfolio to enable payments from the US and…
A cooperation between Lender Equity Bank Kenya and NALA Payments Limited has been declared. NALA is a platform for processing remittance payments that is authorized in the US and the UK to facilitate remittances from the diaspora into Kenya. According to a statement from Equity, the partnership would enable Kenyans living in the UK and…
NALA, a Tanzanian cross-border payments firm, has raised $10 million in seed funding. Amplo, Accel $ Bessemer Partners, and DFS Lab led the round. Angel investors included the Head of Google Payments, Peeyush Ranjan, and the Co-Founder and CTO of Monzo, Jonas Templestein, among others. This round follows an undisclosed amount of pre-seed funding raised…