Tech Company Financing Transactions
NALA Funding Round
Private investors, Amplo and DST Global participated in a $40 million Series A funding round for NALA. The round was announced on 7/9/2024.
Transaction Overview
Company Name
Announced On
7/9/2024
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series A
Investors
private investors (Lead Investor) (Lauren Kolodny)
Amplo (Sheel Tyle)
private investors (Ryan King)
private investors (Vlad Tenev)
Proceeds Purpose
The company intends to use the funds to: Expand its consumer business beyond Africa and building services for the global migrant diaspora. Build Rafiki, its new B2B payments platform.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
134 N 4th St.
Brooklyn, NY 11249
USA
Brooklyn, NY 11249
USA
Phone
Undisclosed
Website
Email Address
Overview
We are on a mission to increase economic opportunity on the African continent and for its diaspora around the world. By creating community-powered financial solutions, we make it easier to make day-to-day payments and do business in an increasingly global Africa.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Benjamin Fernandes
Chief Operating Officer
Nicolai Eddy
Chief Technical Officer
Nicolas Esteves
VP - Bus. Development
Fahim Aziz
VP - General Counsel
Subuola Abraham
VP - Human Resources
Jerry Chen
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We report on every notable VC transaction. VC transactions on this site come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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