NALA receives Bank of Ghana approval, partners with BigPay to expand remittance services
African fintech NALA has secured regulatory approval to operate remittance services in Ghana, marking a significant milestone in the fast-growing payments provider’s expansion.
The company announced that the Bank of Ghana has issued a Letter of No Objection (LONO), allowing NALA and its licensed local partner, BigPay, to formally begin processing cross-border payments in the country.
The approval gives NALA the green light to deepen its footprint in one of West Africa’s busiest remittance corridors. Africa receives billions of dollars in international transfers each year. For example, the continent received $96.4 billion in remittances in 2024.
NALA says its market entry is aimed at improving transparency, reducing costs, and delivering faster, more secure transfers.
Read more: https://techpoint.africa/news/nala-bigpay-ghana-remittance-approval/
