Fintech Startup Nala Raises USD 40 M Series A Round
Nala raises USD 40 million in a Series A round led by Acrew Capital. The funding will support Nala's global growth plans and expansion into Asian and Latin American markets.
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 set out to offer remittance services, it’s building a B2B payment platform too
Nala pivoted to offer remittance service in 2021, tapping the growing money transfer market in Africa. Nala developed its own platform, Rafiki, to ensure reliability and minimize user charges.
