# NALA

> NALA provides consumer cross-border money transfers and multi-currency accounts, alongside Rafiki, its business payments API. Founded in Tanzania, it connects international senders and businesses with banks and mobile-money networks in Africa, Asia and other markets.

- **Founded:** 2017
- **Headquarters:** Distributed; San Francisco, United States is listed on LinkedIn; operating hubs include London and Nairobi
- **Founders:** Benjamin Fernandes (Founder and CEO), Nicolai Eddy (Co-founder and COO), Nicolas Esteves (Co-founder and CTO)
- **Products:** NALA Consumer App, Rafiki, NALA Global Account, Stablecoin settlement infrastructure
- **Notable:** Joined Y Combinator’s Winter 2019 batch., Reported profitability and positive cash flow in its July 2024 announcement., Selected for Forbes Fintech 50 in 2025 and 2026.

## Products & services

- **NALA Consumer App** — International transfers to bank accounts and mobile-money wallets, with quoted exchange rates and transfer tracking. The remittance business began in 2021 and was live in its new form by 2022.
- **Rafiki** — Business API for payouts, collections, FX and settlement, connecting payment companies and payroll platforms with local banking and mobile-money networks; publicly introduced in March 2024.
- **NALA Global Account** — Currently marketed multi-currency account for receiving, holding, converting and sending money; access and features depend on location.
- **Stablecoin settlement infrastructure** — Rafiki supports local-currency and stablecoin settlement, with on- and off-ramp partnerships including Noah and MoneyGram.

## Achievements

- Joined Y Combinator’s Winter 2019 batch.
- Reported profitability and positive cash flow in its July 2024 announcement.
- Selected for Forbes Fintech 50 in 2025 and 2026.
- Current website claims more than one million users; this is company-reported rather than an audited active-customer count.

## Latest updates

- **2026-08** — Rafiki published a dedicated announcement of its Cadana payroll partnership.
- **2026-05** — Liquidity announced an initial $25 million credit facility with an option to scale to at least $50 million.
- **2026-04** — MoneyGram and NALA announced a stablecoin-settlement and local-payout partnership.
- **2026-02** — Forbes included NALA in its 2026 Fintech 50 payments list.
- **2026-01** — Rafiki announced its stablecoin infrastructure partnership with Noah.

## Links

- Website: https://www.nala.com/
- LinkedIn: https://www.linkedin.com/company/nalamoney
- Twitter/X: https://twitter.com/NALAmoney
- YouTube: https://www.youtube.com/@NALAMoney
- Instagram: https://www.instagram.com/nala.money/
- Facebook: https://www.facebook.com/NALA.money/

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Profile page: https://yespress.io/nala
Published by YesPress — https://yespress.io
Last updated: 2026-10-27