NALA, a Tanzanian-founded stablecoin-powered cross-border PAYMENTS infrastructure company, has secured an initial $25 million credit facility, scalable to $50 million or more, arranged through Mars Growth Capital, a joint venture between private credit firm Liquidity and Japan’s MUFG Bank. The facility will help NALA pre-fund customer accounts and expand payment corridors across its network of 249 banks and 26 mobile money services in 16 countries, while still retaining over 50% of the equity raised in its 2024 $40 million equity round, led by Acrew Capital. The deal reflects a broader shift in how high-growth payment infrastructure companies are funding working capital by choosing debt over equity dilution as stablecoin B2B payment volumes surpass $30 billion monthly.
Tanzanian Fintech NALA Secures USD 25M Credit Facility, Can Rise to USD 50M
