N
NALA
A new kind of money transfer for Africans worldwide
About NALA
NALA is a Tanzanian fintech company that provides a mobile application for international money transfers and bill payments to Africa. The company's primary service is a mobile money transfer app that allows users to send money from the UK, US, and EU to a number of African countries, including Tanzania, Kenya, Uganda, Nigeria, Ghana, and Rwanda.
The app is designed to be a more affordable and transparent alternative to traditional remittance services, with no hidden fees and competitive exchange rates. In addition to money transfers, the NALA app also allows users to pay bills in their home countries, such as for utilities, school fees, and medical expenses.
NALA is targeting the African diaspora in the UK, US, and EU, which is a large and growing market. The company has raised over $10 million in funding from investors, including Accel, Amplo, and Bessemer Venture Partners. NALA's mission is to increase economic opportunity for Africans by making it easier and more affordable to send and receive money.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Nairobi, Kenya
- Employees
- 261
- Open positions
- 5
- Dealroom signal
- 91.9/100
- Industry
- Fintech
- Sub-industry
- Payments, Banking
- Sector
- Fintech, Money Transfer, P2P Platform, YC W19
- Technology
- Mobile app
- Business model
- SaaS
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Open roles
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBTDebt | May 2026 | $25M | — | Liquidity | ↗ |
| SERIES AOther financing | Jul 2024 | $40M | $160M | Ryan King · Amplo · Vlad Tenev · Norrsken22 | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for NALA is 69K monthly website visits, up 15% over the last three months. NALA's team grew 10.1% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed12 investors entered at this stage
DFS Lab
Y Combinator
9Yards Capital
VentureSouq
The MBA Fund
Amplo
Accel
Vlad Tenev- JTJonas Templestein
Bessemer Venture Partners
Peeyush Ranjan
Alex Bouaziz
Series A6 investors entered at this stage
ACrew Capital
Ryan King
Norrsken22
DST Global
Nyca Partners
HOF Capital
Series B and later1 investor entered at this stage
- LILiquidity
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about NALA on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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