NALA, a USA-based remittance service provider, has launched its services in Bangladesh, offering an affordable and efficient solution for sending money from expatriates abroad. Known for its competitive exchange rates and zero transaction fees, NALA aims to provide a more seamless alternative to traditional money transfer services, according to a press release.
Currently available in 21 countries, including the UK, USA, Germany, France, and Italy, NALA allows users to send money quickly and securely through its mobile app, now accessible in Bangladesh. The company has partnered with local banks and Mobile Financial Services (MFS) to ensure instant transfers.
“This month is a proud moment for us as we launch in Bangladesh—one of our key markets in Asia. Apnader jonno, amader theke ekta notun commitment,” said Benjamin Fernandes, CEO and Founder of NALA.
The app, available on iOS and Android, allows users to sign up and verify their identity within minutes. NALA is committed to offering secure, transparent, and user-friendly remittance services for the millions who rely on sending money home.
Founded with the mission of improving remittance services, NALA initially catered to African migrants before expanding to the UK, US, EU, and Asia. Its B2B platform, Rafiki, facilitates cross-border payments for financial institutions.