Nala set out to offer remittance services, it’s building a B2B payment platform too

Payments company Nala pivoted to offer remittance service in 2021, tapping the growing money transfer market in Africa, and demand for reliable and affordable services. Nala founder, Benjamin Fernandes, said they intended to build their products on this premise right from the outset. Over the last two years, the Tanzanian fintech, through its consumer fintech…

Read More

Call for speakers: Present at TechCrunch Disrupt 2024

Tech aficionados, startup enthusiasts, marketing wizards, and venture capitalists on the rise — seize the opportunity to showcase your expertise at TechCrunch Disrupt 2024, happening from October 28–30 in San Francisco. Share your insights and shape the conversation! Apply to speak at TechCrunch Disrupt We’re assembling a lineup of industry experts spanning the startup landscape…

Read More

YC-backed digital bank Onyx Private tells customers it’s closing their accounts

Miami-based Onyx Private, a Y Combinator-backed digital bank that provided banking and investment services for high-earning Millennials and Gen Zers, is terminating its bank operations. In a March 13 email to a customer viewed by TechCrunch, with a subject line that read: “Important Notice: Termination of Bank Operations and Account Closure” Onyx wrote, “We are…

Read More