Fintech Plans to Enter 12 More Countries by Year’s End

Yusra3

VIP Contributor
The Tanzanian fintech behind an application that empowers installments from the U.K. to Africa, Nala, as of late uncovered it brought $10 million up in a subsidizing round upheld by Amplo, Accel, and Bessemer Partners. Alleged private backers that partook in this round incorporate the organizer of Robinhood, Vladimir Tenev, and Jonas Huckestein, CTO at Monzo.

As indicated by a report distributed by Fintechnews Africa, the fintech's application as of now empowers installments from the U.K. to five African nations: Tanzania, Kenya, Uganda, Rwanda, and Ghana. In any case, following the most recent gather pledges, Nala will have added twelve more African nations before the finish of 2022.
The distribution additionally uncovered that Nala has quite recently started directing a variant of its application appropriate for finance managers that wish to make installments to Africa. Notwithstanding this new component, the application as of now comes implanted with a multi-cash accounts work which permits clients in the diaspora to store neighborhood African monetary standards when abroad.
 
Top