The CEO of NALA has shared that the company is already working with global companies like MoneyGram to enable moving money into emerging markets via its stablecoin rail, Rafiki.
For the second year in a row, NALA, the African fintech from Tanzania, has been one of the ‘Forbes Fintech 50 of the Year.
NALA’s inclusion in the Forbes 50 Fintech of the Year list wasn’t simply about user growth or brand popularity. According to NALA CEO, the recognition reflected a strategic shift from being a consumer-facing remittance app to becoming a payments provider with real-world utility for global companies underpinned by a stablecoin infrastructure.
“Behind the scenes, the business has evolved significantly. We’re increasingly operating as stablecoin-enabled payments infrastructure improving settlement speed, reliability, and unit economics across global corridors to emerging markets across Africa and Asia.
RAFIKI, our B2B platform, is also closing some of the largest contracts in our history as more global companies (including MoneyGram etc.) look for better stablecoin rails to move money into emerging markets. Volumes are growing, corridors are expanding, and the fundamentals of the business are getting stronger each quarter.
Grateful to our incredible customers, our team across product, engineering, treasury, compliance, and operations who are building regulated, resilient infrastructure every single day.”
FINTECH AFRICA | NALA, One of Africa’s Leading Fintechs with Over 1 Million Active Users, is Building an On-Off-Ramp for Stablecoins
Central to NALA’s evolution, and likely a major factor in the Forbes accolade, was the development of Rafiki, the company’s stablecoin-enabled settlement platform. Rafiki contributed to the recognition in several meaningful ways:
STABLECOINS | ‘We’re Building Using Fiat Infrastructure Powered by Stablecoins,’ Says CEO, Flutterwave
NALA made the Forbes 50 list not because it used blockchain technology, but because it harnessed it in a way that solved real, regulated, high-impact financial problems.
Rafiki, the stablecoin rail at the heart of this strategy, turned theoretical promise into practical results, enabling faster, compliant, and cost-efficient settlement for businesses operating across borders. That combination of innovation and pragmatic impact is precisely what earned NALA its place among the 2026 top fintech companies globally.
