A competitor of LemFi that is expanding its services beyond remittances into payment solutions.
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.
Tuma Ventures enters Tanzania with new PSP licence approval
Tuma Ventures granted PSP licence by the Bank of Tanzania. Expansion of financial services in Tanzania including real-time payment processing.
