I’m excited to announce that NALA has secured a $50M facility from LIQUIDITY and MUFG-backed Mars Growth Capital 🚀
Over the past year, demand for faster, compliant global stablecoin payments infrastructure has accelerated significantly across the US, Europe, Africa, and Asia.
As we’ve scaled, we’ve continued investing deeply in regulation, infrastructure, and gross profit margins:
- 17 regulatory approvals and licenses globally, making NALA one of the most licensed fintechs at our stage. (we just got a new license yesterday!)
- Nearly 50% of capital from our last fundraise still in the bank
- Consumer business reached 64% gross profit margins last month
- Rafiki, our B2B infrastructure business, reached 80% gross profit margins
- Signed some of the largest banks and global remittance companies, including MoneyGram who are live customers. (some major new ones will be announced soon!)
This facility gives us the ability to continue scaling our global payments infrastructure with long-term alignment and flexibility as demand continues to grow.
The next era of payments will be real-time, programmable, and borderless.
I’ve never been more excited about where NALA will be in the next 24 months.
we've got some big plans and we’re just getting started.
Building Payments for #TheNextBillion ⚡️
I’m happy to share that the Central Bank of Tanzania (BOT) @BankOfTanzania has granted @SwahiliesPay our own Payment Service Provider (PSP) License.
Over the past few years, we have worked with more than 15,000 SMEs through bookkeeping and embedded finance solutions. This license now allows us to build and launch our own financial products directly with licensed partners, while also serving businesses with higher transaction volumes.
We are getting back to work, focused on building bigger things for businesses across Tanzania and Africa!
Came as a star.
Leaves as legend.
Thank you, Robert Lewandowski, for every goal, every battle, and every magic moment wearing these colours. Culer forever. 💙❤️
Podcast Idea:
Unaanzisha podcast ina-focus katika ku-interview intellectuals like professors, scientists, researchers na scholars TU. Kuna vitu hatuvijui kwenye hii niche.
🟥FC Barcelona ni Moja ya timu za kawaida sana yenye kundi kubwa la Wachezaji wa kawaida wenye akili za kitoto
Ni vile imekumbatiwa na kiwanda Cha habari kwa uzito hivyo kupata hype kubwa tofauti na uwezo walionao
Hawana tofauti na timu Moja ipo london inayoshinda kwa vichwa tu
Wataalam mtu elekeze kidogo,maana tunaambiwa Real madrid ikishinda mechi na Man of the match akawa kipa ,
Timu ni mbovu inategea tu moments na ubora wa kipa ,
Leo timu yenu bora bayern man of the match kipa..
Vipi nayo mbovu? 😎