According to BlockBeats, on July 11, Tanzanian fintech startup Nala completed a $40 million Series A financing round, led by Acrew Capital, with participation from DST Global, Norrsken22 and HOF Capital. The funds will be used to strengthen Nala's B2B payment platform and support its overall development plan. Nala launched its B2B product in March this year, mainly serving companies that pay in Africa and outside Africa.
