NALA, a Tanzanian fintech startup, has begun accepting payments from the United Kingdom and the European Union to Nigeria. Customers can use the app to transfer money from their cards, bank accounts, or Google or Apple Pay to a Nigerian bank account.
Users can download the app from the App Store or Play Store, sign up, and verify their identity before using the platform. When sending money to Nigeria, enter the recipient’s bank information, select a payment option, and approve the transfer.
“Currently, NALA allows customers to send money into Nigeria. We are working on the licencing to allow customers to also send money out of Nigeria,” NALA’s Founder and CEO, Benjamin Fernandes, says.
The Tanzanian company states it consistently strives to offer the most competitive prices compared to other service providers. Customers can also compare prices from several providers within the app, ensuring they get the best deal.
