NALA
NALA Money Transfer
88/5
Rating
Fees
Free
No transfer fees. Revenue from exchange rate margin of 1-2%.
Exchange Rate
+1.5%
Variable
Speed
Instant
Typical: Within minutes
Features
- Zero transfer fees to Africa
- Instant M-Pesa delivery
- Built by Tanzanian founder for African corridors
- Apple Pay and Google Pay support
- Real-time transfer tracking
- Referral rewards program
- Multi-country support across East Africa
Pros
- No transfer fees
- Instant delivery to M-Pesa
- Built specifically for African diaspora
- Clean, intuitive app design
- Apple Pay and Google Pay support
- Competitive exchange rates
Cons
- Exchange rate markup of 1-2%
- No cash pickup option
- Mobile-only (no web platform)
- Transfer limits lower than competitors
- Newer company with smaller track record
Send & Receive Methods
Send Methods
Debit cardBank transferApple PayGoogle Pay
Receive Methods
M-PesaAirtel MoneyBank account (KES)
Best For
- African diaspora in USA, UK, and EU
- Frequent small to medium transfers
- M-Pesa recipients in East Africa
- Mobile-first users
- Those who prefer zero-fee pricing
Transfer Limits
Minimum$5
Maximum$5,000
Regulation
Licensed by FCA (UK), FinCEN (USA)
Available On
iOSAndroid
App ratings: iOS 4.8â
| Android 4.7â