Africa Business / Finance East Africa

NALA, Tanzanian fintech raises $10M seed 

“We’re scaling that up, not just being in Tanzania and Kenya and Uganda as a consumer-facing product. But in the long run, we want to build infrastructure across the continent where we can do outbound from the continent and allow people to send money back. We’ve submitted our remittance license application in Kenya, as well as Uganda, for us to be able to do this the other way around,” said the founder.