Nala: Funding, Investors & Team (Sep 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 $14M 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.
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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 $14M median round size for Financial Services companies on FundedIQ across 5,745 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.
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