Tanzanian Fintech Startup NALA Launches in EU, Adding 19 New Send Countries
Tanzanian fintech startup NALA has officially launched in the European Union (EU), adding 19 new countries to its list of send countries and aiding its mission of connecting Africans globally.
NALA is an African payments company and money transfer app that enables users to make secure and reliable payments from Europe, the UK and US to Tanzania, Kenya, Rwanda, Uganda and Ghana in seconds.
The company has now launched in the EU by adding 19 new Eurozone nations to its list of send markets. After expanding from the UK to the US earlier this year, NALA has grown rapidly via geographic expansion and product differentiation. Its EU expansion is the latest in several exciting updates still to come, including the launch of NALA for Business and recent integrations with Apple and Google Pay.
“The European economy is the third largest in the world, and home to more than a quarter of African migrants. At NALA, our mission is to financially empower Africans across the world. Launching in the EU significantly expands our reach and ability to meaningfully innovate in the African payments space,” said NALA founder and CEO Benjamin Fernandes.
Related Posts
Khayyam Jumani becomes Managing Director of J.P. Morgan Private Bank
Khayyam Jumani has stepped into the role of Managing Director at J.P. Morgan Private Bank, bringing with him…
ByLiquid Intelligent completes $855m refinancing and recapitalization
Liquid Intelligent Technologies has completed an $855 million recapitalisation and debt refinancing, supported by a $195 million equity…
IHS Nigeria, NCMM to renovate national Museum Lagos
IHS Nigeria, a subsidiary of IHS Holding Limited (NYSE: IHS) and one of the world’s largest independent tower…
Lagos Games Week returns to drive Nigeria’s stake in $200bn global industry
Lagos Games Week returns to the iconic National Theatre on 18–19 June with a clear ambition to position…
Gallery
