NALA Expands to Kenya with Equity Bank and Pesalink Partnership

Tanzanian fintech NALA launches in Kenya with strategic partnerships - Innovation Village | Technology, Product Reviews, Business

In a strategic move to tap into Kenya’s booming remittance market, the Tanzanian fintech company NALA has expanded its services into the country through a new partnership. Instead of navigating the lengthy and complex process of obtaining a license from the Central Bank of Kenya (CBK), NALA has joined forces with Equity Bank and the payment utility Pesalink. This collaboration allows NALA, a company specializing in cross-border payments, to leve…

NALA expands to Kenya with Equity Bank and Pesalink partnership

Tanzanian fintech NALA has expanded into Kenya through a partnership with Equity Bank and payment utility Pesalink, targeting the country’s fast-growing remittance inflows while sidestepping the lengthy licensing process required of foreign entrants. The deal allows NALA, which provides cross-border payment services for consumers and businesses, to route diaspora transfers through Pesalink’s instant payment network and settle with Equity Bank. R…

PARTNERSHIP | Pesalink, NALA, and Equity Bank Partner to Transform Cross-Border Payments into Kenya

Pesalink, NALA, and Equity Bank are partnering to make sending money home for Kenyans abroad faster, more reliable, and more accessible. This collaboration combines Pesalink’s instant payment infrastructure, NALA’s global fintech platform, and Equity Bank’s extensive network to improve the efficiency and affordability of last mile cross-border transfers. “Every year, we have grown our customer base, our transaction volume has grown over 120x fr…