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NALA secures $50m credit facility for stablecoin payments scale
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NALA secures $50m credit facility for stablecoin payments scale
Benjamin Fernandes started NALA in 2017 as a remittance app for the African diaspora. He spent the years since turning it into something considerably more ambitious. Then it grew faster than it could handle, and everything broke.NALA, the Tanzanian-founded fintech Fernandes leads as founder and chief executive, has secured a credit facility of up to $50 million from Liquidity, the global AI-driven private credit firm, channeled through Mars Grow…
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