NALA

We are thrilled to share that NALA has raised $40M in our Series A fundraise! 📢 A huge thank you to our customers, team and supportive partners 🚀 Read more here: https://lnkd.in/dgf-TAav #TheNextBillion #1PercentBuilt

Tanzania-based fintech, NALA, has raised about US$ 40 million in its Series A round as the remittances platform seeks to establish a new B2B product. The raise was led by Acrew Capital, a VC based in San Francisco, alongside DST Global, Norrsken22, and HOF Capital. https://lnkd.in/dxiCEDYQ

Africa is currently home to 1.3 billion individuals, and according to the New York Times, by 2050, this number is expected to double to over 2.5 billion, making it the world’s largest population and workforce. 🌍 This immense potential inspired us to take on the challenge of building a reliable and efficient payment system for this rapidly growing continent. 💪 Read more: https://lnkd.in/dgf-TAav #TheNextBillion #1PercentBuilt

Our Series A funding is a testament to the hard work of our team and the trust our investors have in our vision. It would not have been possible without their hard work and dedication. 🙌 The team’s passion, drive, and love for our community have gotten us to where we are today, and we couldn’t be more proud 💪 Most importantly, it marks a new chapter in our journey to revolutionise payments for the next billion. 🌍 #TheNextBillion #1PercentBuilt

Yesterday was such an incredible day for NALA 🙌 We announced going live with direct integrations of the largest bank in Tanzania, CRDB Bank Plc 🥳 Our Founder and CEO, Benjamin Fernandes, graced the event, and in attendance were notable personalities, among them the Tanzanian Ambassador to the UK, Hon. Mbelwa Kairuki, all joining us to celebrate this huge milestone 🎊 For us as NALA, these interactions enhance our reliability, speed of transfers, treasury, and float management. For you, our customer, this offers next-level convenience when sending money back home to Tanzania 🇹🇿 Payments in Africa are #1PercentBuilt and building this work will help our customers on both RAFIKI and NALA access more reliable payments 💪 #BuildOurAfrica

New integration coming soon? 🤔 #BuildOurAfrica #1PercentBuilt

🎉 Big News! 🎉 Super excited to announce my new role leading Sales at RAFIKI (by NALA). RAFIKI is on a mission to deliver Payments for the Next Billion across Africa, and I couldn't be more pumped to be a part of this journey. As a B2B payments solution, Rafiki is poised to revolutionize the way businesses transact, driving economic growth and fostering financial inclusion. 🌍💰 This is a transformational time to spearhead Rafiki's sales efforts, forging strong commercial partnerships and championing solutions across Africa and beyond. Together, we'll pave the way for a future where every business, regardless of size or location, can thrive in the digital economy. Incredibly grateful to Benjamin Fernandes, Nicolai Eddy, Nicolas Esteves and the team for the opportunity to be on this journey together. Get in touch about how we can help every business have access to reliable, seamless, and secure payment solutions to Africa. 💸 💡 #Rafiki #B2BPayments #NextBillion #FinancialInclusion #NewOpportunities *shameless use of my son in the making of this post. He was as confused as Simba 🤷♂️ 🦁

#TheNALATeam

Payments in Africa are #1PercentBuilt

NALA Founder and CEO Benjamin Fernandes, is featured in this year's AFROTECH Future 50 Visionary Founder list 👑 Benji joins fellow African founders in his cohort, a collection of visionary founders actively shaping the continent's future. 🙌 Benji continues to be defined by his passion for people, technology and design. He remains committed to creating the next big thing in software and financial technology in Africa and, ultimately, Building Payments for the Next Billion. 💪 Learn more: https://lnkd.in/e8M5JaP6 #BuildOurAfrica #1PercentBuilt