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Tanzania’s NALA wants to make Rwanda a settlement hub for East Africa

Tanzania’s NALA wants to make Rwanda a settlement hub for East Africa

NALA Money, the Tanzanian business and consumer cross-border payments fintech backed by Bessemer Ventures and Accel, says it plans to make Rwanda a settlement hub for its East African remittance business. Making Rwanda a settlement hub means that all international money transfers that Nala processes for beneficiaries in East Africa will first terminate in Rwanda…

The post Tanzania’s NALA wants to make Rwanda a settlement hub for East Africa appeared first on Content Krush.

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