Nala to use $40M Series A to build B2B payments platform, scale remittance services
- Nala raises $40 million in a Series A funding round led by Acrew Capital.
- The funding will support Nala's global growth plans, including expanding its remittance business to serve Asian and Latin American markets.
- Nala's B2B payments platform, Rafiki, guarantees service availability and lower charges for users of its consumer app.
Nala's successful funding round and expansion plans indicate a positive outlook for the company. With its focus on remittance services and the launch of its B2B payments platform, Nala is well-positioned to meet the growing demand for reliable and low-cost cross-border payments. The support from investors and the positive sentiment surrounding the company's future prospects suggest a promising future for Nala.
