Nala, a fintech based in Tanzania announced a partnership with Vodacom’s M-Pesa. This partnership is expected to help them with International money transfers to the European Union.
Together with Vodacom’s M-Pesa, the expansion has the potential to have a substantial impact by giving better and cheaper options for sending money home.
Joint Statement by Vodacom and Nala
As a Tanzanian, it brings me great pleasure to be able to reach the quarter of African migrants living in Europe with affordable and reliable payments.
Benjamin Fernandes, Founder and Chief Executive Officer, Nala
We have leveraged on innovation and partnership to facilitate international money transfers across Africa and the world making remittance easy and facilitating cross-border trade. We continue to broaden our portfolio of partnerships and countries and we are glad to partner with Nala, a homegrown start-up that is transforming money transfers worldwide.
Epimack Mbeteni, Director of M-Commerce, Vodacom
