A competitor of LemFi that is expanding its services beyond remittances into payment solutions.
Pan-African fintech Kora adds stablecoins to its payment infrastructure
Kora has launched One Rail, integrating stablecoin payment options into its existing network. Merchants can accept payments in dollar-backed stablecoins USDT and USDC and settle funds through Kora’s infrastructure.
Africa Fintech NALA Debuts Stablecoin-Backed USD Global Accounts
NALA is launching USD Global Accounts to provide users in emerging markets with a stable way to manage their finances. The new accounts are backed by stablecoins, offering a hedge against inflation and local currency devaluation.
Tanzania’s NALA enters Kenya with Equity Bank, Pesalink partnership
NALA has expanded into Kenya through a partnership with Equity Bank and Pesalink. The partnership allows for real-time fund transfers to mobile wallets or bank accounts.
Fintech in Africa Gains Global Recognition: Nala, Carry1st, and Tala Featured in Forbes Fintech 50
Tala has empowered millions in Kenya with its consumer credit app, leading to its expansion into India and the Philippines. Nala has raised $50 million in funding and is facilitating cross-border payments from the U.S. and Europe to Africa.
