Analysis & Features

NALA announces cross-border payments platform for businesses as it commits to invest $5 million in Kenya

NALA also announced its cross border payments platform for businesses, which it anticipates will ease frictions for capital inflows to Kenya. NALA for Business will integrate harmoniously with major banks to better connect pay-ins internationally. Currently the product is live in the UK and EU to Tanzania, but the company hopes to launch in Kenya once the appropriate licensing is in place. [c]