NALA Secures $50M Facility to Scale Stablecoin Cross-Border Payments
NALA, the Tanzanian-founded fintech, has secured up to $50 million in credit financing from Liquidity through Mars Growth Capital. The initial $25 million tranche will pre-fund enterprise transactions, expand payment corridors, and onboard large clients in 2026 without diluting existing shareholders. Founder Benjamin Fernandes rebuilt NALA after early rejections and a central bank shutdown. The company still holds a majority stake from its $40 million Series A, so this credit line supports growth rather than rescue. At the centre of this deal is Rafiki, NALA’s B2B payments platform. It has processed over $1 billion in transaction volume, connects 249 banks and 26 mobile money services across 16 countries, and powers partners like MoneyGram and TransferGo. B2B stablecoin payments have surged to more than $30 billion in monthly volume. This facility will help NALA pre-fund larger transfers and expand regulated rails, making cross-border business payments faster and cheaper.
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