NALA
NALA is a fintech company providing a multi-currency global account and payments API to facilitate low-cost cross-border transactions for emerging markets.
- Founded
- 2017
- Headquarters
- Hoboken, New Jersey
- Employees
- 169
- Sector
- FinTech
About NALA
NALA operates as a financial technology firm focused on building payment infrastructure for emerging markets. The company provides a consumer application that allows users to receive, hold, convert, and send money across international borders. Its services are designed to address high remittance fees in Africa and Asia, aiming to provide a faster and more reliable alternative to traditional banking systems.
The company also manages Rafiki, a B2B payment platform and single API that enables global businesses to execute payouts and collections across Africa. By leveraging stablecoin payment rails and local currency settlement, NALA serves both individual consumers and enterprise clients, processing transactions that often arrive in under ten minutes through a network of partner licenses.
What they do
NALA offers a multi-currency mobile wallet for international money transfers and a B2B API called Rafiki for global business payouts. The platform enables users to store and convert various currencies including KES, UGX, TZS, and USD-backed stablecoins.
Highlights
- Operates in over 35 countries across Africa, Europe, the US, and Asia.
- Recognized in the Forbes Fintech 50 for innovation in cross-border payments.
- Processes 98% of transfers within a ten-minute window.
- Maintains a 4.8-star rating across major application stores.
- Provides a B2B API, Rafiki, for local currency and stablecoin settlement.
- Infrastructure works offline to accommodate regions with weak internet connectivity.
Talent and hiring
The company employs a global team across 18 countries, including hubs in Nairobi and Dakar. It recruits for roles in engineering, data, fraud prevention, treasury, and operations.
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