NALA (YC W19) — Building payments for the next billion
Story here: https://www.youtube.com/watch?v=FZfKgoseJ5E&t=1s We have two products: 1. Consumer Cross Border payments to Emerging Markets : nala.com 2.
NALA is a Y Combinator company in the Winter 2019 batch. Its directory entry describes it as: Building Payments for the Next Billion. The founder listed is Benjamin Fernandes (Founder) (Y Combinator directory entry, December 4, 2018).
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Story here: https://www.youtube.com/watch?v=FZfKgoseJ5E&t=1s
We have two products:
1. Consumer Cross Border payments to Emerging Markets : nala.com
2. Stablecoin Payment Rails for emerging markets: rafiki.com
Checked away from the directory entry. What is below does not come from the company's Y Combinator page.
The global multi-currency account for lives across borders. Receive, hold, convert and send money fast with NALA.
The title and description the site itself served, answering 200. Not a cached copy and not the company's directory entry — what was live when we asked.
Benjamin Fernandes
Founder
Tanzanian. Lives between NYC and London.
Founders, titles and bios as the company published them. Photographs are our own copies of the ones on that record, so they do not break when the original link expires.
One of 73 companies held here in Fintech › Banking and Exchange.
No investor is drawn from a Form D — the form states how many invested and never who. The one investor on this graph is named because a batch has exactly one.
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Example from a real report (our sample on Target): “Target eliminated approximately 1,800 corporate positions, with around 1,000 employees receiving layoff notices and the remainder accounted for by eliminating open roles.” Source: NBC News
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What the Full Report on NALA covers
The Short Answer
Which Company This Is
What They Do, And How The Money Works
Who Runs It, And How To Reach Them
The Money: Funding, Valuation, Runway
Who Pays Them, And Who They Are Up Against
Warning Bells
Sources
7 cited sources found
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