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Nala, the Tanzanian-founded fintech building stablecoin-powered cross-border payment rails, has secured up to $50 million in credit financing from private credit firm Liquidity as demand rises for faster business payments between emerging markets, Europe and the United States.
According to a statement by Nala, the facility begins with an initial $25 million tranche and can scale to $50 million or more through Mars Growth Capital, a joint venture between private credit firm Liquidity and Japan-based lender MUFG Bank.
The funding will help Nala pre-fund transfers, expand payment corridors, and support larger enterprise clients using its infrastructure for collections and payouts.
The deal reflects a broader shift among fintechs processing large payment volumes. Instead of raising fresh equity, firms are turning to credit facilities to finance liquidity-intensive operations while avoiding shareholder dilution.
