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NALA - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about NALA including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

NALA company logo

Building Payments for #TheNextBillion

NALA is a fintech company that provides cross-border money transfer services aimed at improving financial inclusion and access for the African diaspora.

HeadquartersSan Francisco, United States
Team size51-100
Founded2017

What is NALA? - Company Overview & Details

NALA is NALA is a fintech company that provides cross-border money transfer services aimed at improving financial inclusion and access for the African diaspora. Founded in 2017, the company is headquartered in San Francisco, United States.

Who Founded NALA?

NALA was founded by Benjamin Fernandes.

Who are the Key Executives at NALA? - Leadership Team

NALA is led by experienced executives in key positions:

Chief Executive Officer (CEO) of NALA

Benjamin FernandesCEO

Chief Technology Officer (CTO) of NALA

Nicolas EstevesCTO

About Benjamin Fernandes - CEO of NALA

Benjamin Fernandes serves as the Chief Executive Officer of NALA, leading the company's strategic vision and operations. Connect with them on LinkedIn for professional insights.

NALA Company Details & Key Information

Where is NALA located?

NALA is headquartered in San Francisco, United States.

How many employees does NALA have?

NALA has 51-100 employees.

When was NALA founded?

NALA was founded in 2017.

NALA Official Website

How much funding has NALA raised?

NALA has raised $40 Million across 6 funding rounds. The most recent funding was completed on 2024-08-09.

Funding Overview

NALA raised $40 million in a Series A funding round to enhance its remittance services globally.

$40 Million
Total Funding Raised
6
Funding Rounds
2024-08-09
Latest Round

NALA Funding History

Seed
2022-02-27
$10 Million
Series A
2024-08-09
$40 Million

Who are the key investors in NALA?

NALA is backed by 3 key investors including Y-Combinator, Accel, Acrew Capital. These investors focus on Fintech, Payments, Tech sectors.

NALA Investor Overview

3
Key Investors
5
Focus Areas
5
Notable Investments

Complete List of NALA Investors

Y-Combinator

A startup accelerator that funded NALA.

Investment Focus
Fintech
Payments
Notable Portfolio Companies
Monzo
Robinhood

Accel

A leading venture capital firm investing in technology companies.

Investment Focus
Tech
Startups
Notable Portfolio Companies
Facebook
Spotify
Slack

Acrew Capital

What sectors do NALA investors focus on?

The investors backing NALA primarily focus on Fintech, Payments, Tech, Startups, sectors.

Fintech
Payments
Tech
Startups

Featured Investor: Y-Combinator

Y-Combinator

A startup accelerator that funded NALA.

Notable Investments: Monzo, Robinhood

What are NALA's future plans?

NALA NALA plans to further develop its payment rails and expand its services into new markets.

NALA Strategic Outlook

Strategic Focus
Defined
2
Key Challenges
2
Growth Opportunities

What challenges does NALA face?

NALA has identified 2 key challenges that need to be addressed for continued growth and success.

Key Challenges for NALA

1

Regulatory changes affecting remittances

2

High competition in fintech

What opportunities does NALA have?

NALA has identified 2 key opportunities for growth and market expansion.

Growth Opportunities for NALA

1

Expanding into Asia

2

Enhancing B2B services

NALA Strategic Position Summary

Key Focus Areas

NALA is addressing 2 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 2 key opportunities for expansion and growth.

What are the latest news about NALA?

NALA has 2 recent news updates covering key business developments and market activities.

NALA News Overview

2
Recent Articles
Active
Media Coverage
2024-07-11
Latest Update

What is NALA in the news for?

NALA is currently featured in news for NALA receives $40M in Series A funding. and other significant business developments.

Recent News Articles About NALA

Article 1
2024-07-11

NALA receives $40M in Series A funding.

Nala secures $40 million in a Series A funding round to expand remittance services.

fintech-alliance.com
Read News
Article 2
2024-07-09

NALA launches payment rails.

Nala raises $40 million to tackle high remittance fees in Africa and expand services.

techeconomy.ng
Read News

NALA FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about NALA including information about founders, CEO, funding history, investors, headquarters location, and company details. 19 frequently asked questions covering key information about the company.

NALA Questions & Answers - Company Information

Q1

What is NALA?

NALA is a fintech company that provides cross-border money transfer services aimed at improving financial inclusion and access for the African diaspora.

Q2

Who founded NALA?

NALA was founded by Benjamin Fernandes.

Q3

Who is the CEO of NALA?

The CEO of NALA is Benjamin Fernandes. You can find more information about them on their LinkedIn profile.

Q4

How much funding has NALA raised?

NALA has raised a total of $$40 Million across 6 funding rounds. The most recent funding was completed on 2024-08-09.

Q5

Who are the investors in NALA?

NALA's key investors include Y-Combinator, Accel, Acrew Capital.

Q6

Where is NALA headquartered?

NALA is headquartered in San Francisco, United States.

Q7

When was NALA founded?

NALA was founded in 2017.

Q8

How many employees does NALA have?

NALA has 51-100 employees.

Q9

What is NALA's official website?

You can visit NALA's official website at http://www.nala.com.

Q10

What was NALA's latest funding round?

NALA's latest funding round was a Seed round of $$10 Million completed on 2022-02-27.

Q11

Who is founder?

Benjamin Fernandes

Q12

Who is cto?

Nicolas Esteves

Q13

What does the company do?

NALA provides cross-border money transfer services aimed at improving financial inclusion and access for the African diaspora.

Q14

How much funding?

$40 Million

Q15

Latest funding date?

2024-08-09

Q16

Who are the investors?

Y-Combinator Accel Acrew Capital

Q17

What are the challenges?

Regulatory changes affecting remittances High competition in fintech

Q18

What are the opportunities?

Expanding into Asia Enhancing B2B services

Q19

Latest news?

Nala secures $40 million in a Series A funding round to expand remittance services. Nala raises $40 million to tackle high remittance fees in Africa and expand services.

More Information About NALA

For additional details about NALA, including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.