4 YC rejections and a government shutdown couldn’t stop this Tanzanian founder: NALA just snaps $50M to build stablecoin rails connecting emerging markets to the world
Summary
NALA secured a $50 million credit facility from Liquidity through Mars Growth Capital to expand its stablecoin payment corridors. The company will use the financing to scale infrastructure across the US, Europe, Africa, and Asia and to pre-fund customer accounts. NALA runs both a consumer remittance app and a B2B API called Rafiki for enterprise collections, payouts, and treasury flows. The story highlights strong demand for compliant cross-border payment rails in emerging markets and positions NALA against other stablecoin infrastructure players.
Funding
Amount
$50.0M
Total raised
Date
May 28, 2026
Announcement date
Investors
Robinhood, Chime, MUFG Bank, Acrew Capital, DST Global, Mars Growth Capital, HOF Capital
Lead investors
Company
nala.com
Funded company
Classifications
industries
Fintech & Banking
applications
No applications detected
AskAI Classifications
Labels
Fintech Software
Payments API
SaaS
Linked Companies
Nala
$1M to $5M