NALA receives money remittance license from Bank of Uganda
NALA, a global fintech firm, has been granted a money remittance license by the Bank of Uganda, expanding its capabilities in remittance and payments across the EAC region and the African continent. Importantly, the Bank of Uganda, as the regulator, warned the new player against compromising industry standards, which could result in the exploitation or fleecing of customers' hard-earned remittances.
