Nala: Funding, Investors & Team (Oct 2026)
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.
Nala has raised $35.0M across 2 funding rounds on record, the most recent an undisclosed round of $25.0M announced in May 2026.
That round is above the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Nala Company Profile and Key Stats
Latest funding round on record: May 2026.
Nala Funding Rounds
Nala raised $10.0M in a Seed announced in Jan 2022.
4.3 years later, an undisclosed round of $25.0M was announced in May 2026.
Nala Founders and Leadership Team
No contact details are on record for this team yet.
Nala Funding Compared to Other Financial Services Startups
Nala's latest round of $25.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Nala in Financial Services and Dar Es Salaam
Companies Similar to Nala
Credable offers digital banking and financial services to emerging market businesses through their B2B2C…
CRDB Bank is a platform that specializes in offering a complete range of financial services and products to…
Konsileo is a business protection specialist utilizing innovation to engage people and supplant various…
Ledgebrook is a managing general agent specializing in excess and surplus lines insurance that uses…
Agentiq is a sports fintech startup that enables everyday fans to purchase fractionalized equity stakes.
Teddy is a compliance and client-oriented legal support platform.
Nettle's AI combines information from both inside and outside sources, providing valuable insights to aid in…
Capitolis is a tech company that aims to make financial markets safer and more dynamic by removing capital…
Finmid is a developer of an infrastructure lending platform designed to assist businesses in providing…
Navra facilitates easy access to the blockchain.
Seeds Fincap is a company located in Delhi, which was established as a Private Limited company.
Jeeves is a financial technology company that offers financial solutions to support businesses worldwide. The…
Nala Funding FAQs
What does Nala do?
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.
How much funding has Nala raised?
Nala has raised $35.0M across 2 rounds on record. The most recent is an undisclosed round of $25.0M announced in May 2026.
When did Nala last raise funding?
Nala's most recent funding round on record is an undisclosed round of $25.0M, announced in May 2026.
Who is the CEO of Nala?
Benjamin Fernandes is listed as CEO at Nala.
Where is Nala headquartered?
Nala is based in Dar Es Salaam, Tanzania.
How many employees does Nala have?
Nala is in the 11-50 employee band.
How does Nala's funding compare to other Financial Services startups?
Nala's latest round of $25.0M is above the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's Nala Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Nala is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Startup funding intelligence on every funded startup: the round, the investors and the founders, as a file in your inbox or searchable in the app.
Radar from $49/mo · Pro from $149/mo. Card required, nothing charged until day 15, and we email you 3 days before that. Need something specific? Custom plans from $499/mo.