Changing lives
After graduating in 2017, Benjamin Fernandes co-founded NALA, a mobile money app that enables fast, secure, and reliable person-to-person (P2P) payments without internet access. This simplification of P2P payments means more and faster access to financial services for tens of millions of East Africans.
Mobile money is everything to people on the continent. For example, in Tanzania, 47% of our GDP is transacted with mobile money. The opportunity to streamline and simplify the payments process is massive. We want to give people access to make better and smarter decisions with their money.