Nala raised $40M in a Series A funding to build B2B payments platform, scale remittance services
Amount Raised
$40 Million
Round Type
Series A
Investors
Description
Nala, a remittance startup, has raised $40 million equity in an oversubscribed Series A round led by Acrew Capital. The funding will be used to build a new B2B payments platform and expand remittance services globally.
Quick answer
Nala raised $40 Million in a Series A round, dated July 9, 2024. Investors: Vlad Tenev, Ryan King, Amplo, HOF Capital, Norrsken22, DST Global and Acrew Capital.
- How much did Nala raise?
- Nala raised $40 Million in a Series A round on July 9, 2024.
- Who invested in Nala?
- Vlad Tenev, Ryan King, Amplo, HOF Capital, Norrsken22, DST Global and Acrew Capital are named as investors in this round.
- What does Nala do?
- A new kind of mobile money transfer for Africans worldwide!
- Where is Nala based and how big is it?
- Fundz records about 260 employees.
- Who are the decision-makers at Nala?
- Fundz holds 2 contacts at Nala, including the Founder & Chief Eating Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Software around the same time
Companies in the same sectors as Nala that raised within 45 days of this round, from Fundz verified event records.
- Nucleus Security raised an undisclosed amount (Funding Round) on August 21, 2024.
- Flywire raised $120M (Series E) on August 20, 2024.
- Innoviti raised $8.3M (Series E) on August 13, 2024.
- WiseLayer raised $7.2M on August 13, 2024.
- Worth raised $2.5M on August 12, 2024.
- Innoviti raised $8.3M (Series E) on August 12, 2024.
Who to call at Nala, and when
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- An alert the day Nala raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Nala, from your own LinkedIn network
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Funding Insights
What this usually meansNala raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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