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NALA

NALA
PRIVATE STATUS
Accelerator/Inc LATEST DEAL TYPE
$50K LATEST DEAL AMOUNT
1 INVESTORS
Description

Operator of a digital bank intended to facilitate native, in-app payments and purchases. The company's digital bank services are offered via an application which supports payments and purchases through Airtel Money, Halo Pesa, Tigo Pesa, TTCL Pesa and Vodacom M-Pesa, enabling users evolve from a text-based USSD interface to a simplified graphical user interface.

Website
Ownership Status
Privately Held (backing)
Financing Status
Accelerator/Incubator Backed
Primary Industry
Other Financial Services
Other Industries
Financial Software
Primary Office
  • Dar es Salaam
  • Tanzania
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NALA Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
1. Accelerator/Incubator 01-Jan-2018 $50K 0000 Completed Generating Revenue
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NALA Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Digital Financial Service Innovation Lab Accelerator/Incubator Minority 000 0000 000000 0

NALA Executive Team (2)

Name Title Board
Seat
Contact
Info
Benjamin Fernandes Co-Founder & Chief Executive Officer
Sam Castle Co-Founder & Chief Technology Officer