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Nala to use $40M Series A to build B2B payments platform, scale remittance services | TechCrunch

Nala, a remittance startup that is now widening its portfolio through a new B2B payments platform, has raised $40 million equity in a rare deal that becomes one of the largest Series A transactions in Africa. The oversubscribed round was led by San Francisco-based VC firm Acrew Capital, with participation from DST Global, Norrsken22, HOF Capital, and existing investors including Amplo and NYCA Partners. A number of angel investors, including fintech founders Ryan King of Chime and Vlad Tenev of ...

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