Tanzanian fintech NALA raises $10M seed to build Revolut for Africa
TechCrunch
JANUARY 27, 2022
The business opportunity for remittance is lucrative despite digital lenders vying for less than 20% of the international money market dominated by traditional offline players. Their collective bet is that their market will grow over time and eat into traditional incumbents’ share. Whether that’ll happen remains to be seen.
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