Nala, a remittance startup now diversifying its portfolio with a new B2B payments platform, has raised $40 million in a Series A round to expand its remittance services globally. The funding, led by Acrew Capital, will support Nala’s expansion into Asia and Latin America and enhance its payment infrastructure to offer low-cost, reliable cross-border payments. The company’s new B2B platform, Rafiki, aims to ensure service reliability and reduce charges, benefiting consumers and global businesses involved in payments to and from Africa.
Nala to Use $40M Series A to Build B2B Payments Platform, Scale Remittance Services
