NALA

Fintech · New York, US

Global stablecoin payments company building corridors between emerging markets and the US, Europe and Asia.

Founders

Benjamin Fernandes (Tanzania · ♂) — A Tanzanian former TV host who studied in the US and earned a Stanford MBA, he founded NALA in 2017 to cut the cost of remittances and cross-border payments for African and Asian emerging markets.

Shares the most investors with (number = shared investors):

Date	Round	Amount
May 2026	Debt NALA secured a credit line of up to $50M (initial commitment $25M) from Liquidity through Mars Growth Capital, the joint venture with MUFG, to scale its stablecoin payment corridors.	$50M
Jul 2024	Series A Fintech NALA raised a $40M Series A led by Acrew Capital to expand cross-border payments for the global migrant diaspora and build its Rafiki B2B platform.	$40M
Oct 2023	Seed Berlin biodiversity-software startup Nala raised EUR 1.7M from Pale Blue Dot, Wingman Ventures and angels.	$1.8M

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Data is community-curated and may be incomplete.