Tech Company Financing Transactions

NALA Funding Round

On 2/3/2022, NALA announced $10 million in Seed investment from Accel Partners, Amplo and Bessemer Venture Partners.

Transaction Overview

Company Name
Announced On
2/3/2022
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Seed
Investors

Accel Partners (Lead Investor)

Amplo (Lead Investor) (Sheel Tyle)

Bessemer Venture Partners (Lead Investor)

DFS Lab

private investors (Alex Bouaziz)

private investors (Jonas Templestein)

private investors (Laura Spiekerman)

private investors (Peeyush Ranjan)

private investors (Vladimir Tenev)

Proceeds Purpose
The investment will allow NALA to hire more talent and foster growth efforts in the U.K., U.S. and Europe, build payment rails in Africa and expand to new countries.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
134 N 4th St.
Brooklyn, NY 11249
USA
Phone
Undisclosed
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
NALA LinkedIn Company Profile
Social Media
NALA Company Twitter Account
Company News
NALA News
Facebook
NALA on Facebook
YouTube
NALA on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Benjamin Fernandes
  Benjamin Fernandes LinkedIn Profile  Benjamin Fernandes Twitter Account  Benjamin Fernandes News  Benjamin Fernandes on Facebook
Chief Operating Officer
Nicolai Eddy
  Nicolai Eddy LinkedIn Profile  Nicolai Eddy Twitter Account  Nicolai Eddy News  Nicolai Eddy on Facebook
Chief Technical Officer
Nicolas Esteves
  Nicolas Esteves LinkedIn Profile  Nicolas Esteves Twitter Account  Nicolas Esteves News  Nicolas Esteves on Facebook
VP - Bus. Development
Fahim Aziz
  Fahim Aziz LinkedIn Profile  Fahim Aziz Twitter Account  Fahim Aziz News  Fahim Aziz on Facebook
VP - General Counsel
Subuola Abraham
  Subuola Abraham LinkedIn Profile  Subuola Abraham Twitter Account  Subuola Abraham News  Subuola Abraham on Facebook
VP - Human Resources
Jerry Chen
  Jerry Chen LinkedIn Profile  Jerry Chen Twitter Account  Jerry Chen News  Jerry Chen on Facebook


 

 

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Prev: 2/3/2022: TickSmith venture capital transaction
Next: 2/3/2022: Revelstoke venture capital transaction

 

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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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