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Nala
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Nala

http://nala.com/
Last activity: 05.11.2025
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Categories: AfricaTechB2CFinTechITManagementMobileProductSoftwareTalentTechnology
A new kind of mobile money transfer for Africans worldwide! Make safe, affordable, and reliable international payments to Kenya, Tanzania, and Uganda.
Website visits
25.4K /mo.
Mentions
23
Location: United Kingdom, England, London
Employees: 11-50
Total raised: $50M
Founded date: 2014
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Investors 7

Funding Rounds 2

DateSeriesAmountInvestors
09.07.2024Series A$40M-
27.01.2022Seed$10M-

Mentions in press and media 23

DateTitleDescription
05.11.2025Tanzania: How an Internet Blackout Affected Tanzania's ElectionWhat's the context? A nationwide internet outage during last week's vote fits a pattern of electoral interference and may fuel abuses, activists say. NAIROBI - A five-day internet shutdown during Tanzania's disputed election and the protest...
07.08.2025Pesa acquires IMTO licence to scale its people-first cross-border payment approachPesa, a leading bootstrapped Nigerian cross-border payment service, has acquired an IMTO licence from the Central Bank of Nigeria (CBN). This licence allows the company to process the transfer of funds from abroad to individuals or entities...
04.06.2025Africa’s 500 million person question (Part 2): The quest for a new economic modelThis is part 2 of a 2-part series. We wrote a summary of part 1 on TechCabal, where we then invited people to read the full piece on our blog. Below, we are sharing the summary of part 2, and we have again written a longer piece here that w...
22.05.2025The Ripple Effect: How a 5% Remittance Tax Could Reshape Africa's EconomiesA storm brews on the horizon. The U.S. government is poised to impose a 5% tax on remittances sent by non-citizens. This proposal, dubbed “The One Big Beautiful Bill,” threatens to siphon off an estimated $2.8 billion from Sub-Saharan Afric...
20.05.2025U.S. 5% remittance tax plan to threaten $2.8 billion of Africa’s foreign inflowsA proposed U.S. bill to impose a 5% tax on all outbound remittance transfers from non-citizens could divert as much as $2.8 billion from Sub-Saharan African economies in 2025, threatening one of the region’s most stable sources of foreign e...
13.02.2025The Digital Revolution in School Payments: ParentSquare's Game-ChangerIn the ever-evolving landscape of education technology, simplicity is the golden key. ParentSquare, a titan in digital family engagement, has unveiled a new feature that promises to transform how schools handle payments. Enter ParentSquare ...
12.02.2025Fintechs rush for FX transactions will only benefit customers and startups with scaleNigerian fintechs, drawn to the stability of dollar-based transactions, are increasingly building consumer-focused cross-border (FX) transaction products. While this collective push will benefit consumers through more options and a possible...
31.01.2025The Rise of Green Tech and PropTech: A New Era of Investment in EuropeThe European startup landscape is buzzing. Investment flows like a river, carving new paths in the realms of Green Tech and PropTech. The latest reports reveal a surge in funding, innovation, and ambition. Companies are not just surviving; ...
31.01.2025+++ Amboss +++ PropTech +++ PT1 +++ Encourage Ventures +++Was gibt’s Neues? In unserem #StartupTicker liefern wir eine kompakte Übersicht über die wichtigsten Startup-Nachrichten des Tages (Freitag, 31. Januar) #STARTUPTICKER Amboss +++ IPO-Vorbereitungen. Das Berliner EdTech Amboss, das Mediziner...
31.10.2024YC-backed Bamboo expands to Canada with remittance productBamboo, the Y Combinator-backed investment app that allows Africans to buy and trade local and international stocks, is expanding to Canada after securing the country’s Money Service Business (MSB) licence. The company also launched its rem...
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