Benjamin Fernandes, CEO of NALA - From Africa to the World, The Power of Perseverance, From TV Host to Fintech Founder


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Oct 28 2024 58 mins   1

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Miguel Armaza interviews Benjamin Fernandes, CEO & Founder of NALA, a global, cross-border payments company that helps customers send money in and out of Africa.

Founded in 2018, NALA today is profitable and has raised over $50 million from Accel, Acrew, Amplo, Bessemer, DST, and NYCA.

We discuss:

  • Why NALA built their own infrastructure and stopped relying on local African incumbents
  • Challenges of going through a company pivot from local to cross-border payments
  • The important role that VCs can have on founders, positively and negatively
  • How Benjamin’s background as a TV host led him to payments… and a lot more!


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Miguel Armaza is Co-Founder and General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.

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