Nala

About

Nala is an application interface that makes payments faster, simpler and more convenient for users.

Dar Es Salaam,Dar es Salaam,Tanzania
1 - 10
https://www.nala.com/

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $10M
Industries: Banking,Finance,Financial Services,FinTech
Founded date: Jan 1, 2017
Number Of Employee: 1 - 10
Operating Status: Active

NALA is an application that acts as an interface on top of the mobile money payment systems that allows the user to make transfers, payments, and transactions seven times faster, without data connectivity. Their services include financial inclusion, digital financial services, mobile money, and fintech.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$10.21M

Nala has raised a total of $10.21M in funding over 2 rounds. Their latest funding was raised on Jan 27, 2022 from a Seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jan 27, 2022	Seed	$10M	12	Accel Amplo Bessemer Venture Partners	—	Detail
Mar 18, 2019	Seed	$150K	8	Y Combinator	—	Detail
Sep 5, 2018	Grant	$10K	—	—	—	Detail
Apr 16, 2018	Pre-seed	$50K	1	DFS Lab	—	Detail

Investors

Number of Lead Investors

Number of Investors

5

19

Nala is funded by 19 investors. Accel and Amplo are the most recent investors.

Investor Name	Lead Investor	Funding Round
Accel	Yes	Seed
Amplo	Yes	Seed
Bessemer Venture Partners	Yes	Seed
Y Combinator	Yes	Seed
DCG Expeditions	—	Seed
Alex Bouaziz	—	Seed
DFS Lab	—	Seed
Digital Currency Group	—	Seed
Edward Cooper	—	Seed
Jonas Huckestein	—	Seed