Benjamin Fernandes

DSE investment actions: NALA

Market: Open DSE (Dar es Salaam)
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Aug 06, 2026, EAT
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Benjamin Fernandes

Founder & CEO, NALA

Tanzanian fintech entrepreneur and founder of NALA, a cross-border payments platform connecting Tanzania and East Africa to global remittance corridors; the first East African fintech accepted into Y Combinator, backed by Accel, DST Global and Bessemer. Formerly a CNBC Africa television presenter and Bill & Melinda Gates Foundation digital-team staffer; youngest African admitted to Stanford GSB. NALA recently secured a payment service provider license from the Bank of Tanzania. Source: Wikipedia, 'Benjamin Fernandes'; eabusinessworld.com profile (Apr 2026); streamlinefeed.co.ke, 'Fintech CEO Benjamin Fernandes Urges Digital Infrastructure Investment at Africa50 Summit' (Aug 2026).

1 actions 1 DSE stocks
Date Details May affect
Aug 14, 2026
NALA Secures Payment Service Provider License from Bank of Tanzania
License Actioned
Following extensive collaboration, NALA recently secured a critical payment service provider license from the Bank of Tanzania (BoT), authorizing the firm to facilitate outward money transfers and paving the way for B2B transactions between Tanzanian enterprises and trading partners in Kenya, Uganda, Comoros, and Burundi.