Tanzania Fintech Startup Nala Secures $40 Million via Series A Round

Tanzanian fintech startup Nala has successfully raised $40 million in a Series A funding round led by Acrew Capital, with additional support from DST Global, Norrsken22, HOF Capital, and other investors. This funding will primarily enhance Nala’s B2B payment platform, Rafiki, and support its expansion efforts beyond Africa.

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