NALA is for-profit social enterprise committed to building a digital bank, providing affordable, accessible and convenient financial services for Sub-Saharan Africa.
In the Short Term: NALA is smoothing the Payments Process for Mobile Money in Tanzania, growing accessibility. NALA has built an interface that sits on top of mobile money:
• 7X Faster than using traditional methods of sending money (USSD) Process.
• NALA processes transactions within 3 steps vs. 41 Digits through traditional transaction method of mobile money.
• NALA provides access to money management tools (financial planning)
• Works OFFLINE! (No Internet/Data required to make financial transactions)