Lunches
|
Saturday
|
12:45 pm
Batten Hives 304

Nala: Building Africa’s Next Fintech Titan

Building a fintech company that reshapes how money moves across Africa—and beyond—is no easy feat. The challenges go far beyond the headlines. Few succeed in this market. To scale, you need more than a great idea—you need resilience, sacrifice, and relentless determination.

How do you convince Silicon Valley investors to back an African startup? What does it take to challenge the status quo in the global financial system? And what are the real, behind-the-scenes battles of building something that truly lasts?

Benjamin Fernandes, Founder & CEO of NALA, has lived it all—and he’s here to tell the unfiltered truth.

Born and raised in Tanzania, Benjamin first made his mark as a national television personality. But he had bigger ambitions. Earning scholarships that took him to the U.S., he became the youngest African ever admitted to the MBA program at Stanford Graduate School of Business. Yet instead of climbing the corporate ladder or staying in Silicon Valley, he took the harder road—building a company that would transform how Africans send and receive money across borders.

That company is NALA. What started as a simple remittance app has grown into one of Africa’s most ambitious fintech ventures. Today, NALA powers seamless, low-cost payments from the U.S. and Europe into Africa, cutting through the inefficiencies of the global financial system. Now, with a $40 million oversubscribed Series A funding round, and a Forbes cover story to match, NALA is expanding beyond remittances—building its own payment rails, launching a B2B platform (Rafiki), and setting its sights on global markets, including Asia and Latin America.

In this rare, behind-the-scenes conversation, Benjamin will pull back the curtain on the real journey—the wins, the losses, the breakthroughs, and the breakdowns. No filters. No fluff. Just the raw truth of what it takes to build and scale a fintech company in Africa.

If you’re an entrepreneur, investor, or believer in bold ideas and Africa’s unstoppable rise, you won’t want to miss this.

Come for the insights. Stay for the inspiration.

Nala: Building Africa’s Next Fintech Titan

Building a fintech company that reshapes how money moves across Africa—and beyond—is no easy feat. The challenges go far beyond the headlines. Few succeed in this market. To scale, you need more than a great idea—you need resilience, sacrifice, and relentless determination.

How do you convince Silicon Valley investors to back an African startup? What does it take to challenge the status quo in the global financial system? And what are the real, behind-the-scenes battles of building something that truly lasts?

Benjamin Fernandes, Founder & CEO of NALA, has lived it all—and he’s here to tell the unfiltered truth.

Born and raised in Tanzania, Benjamin first made his mark as a national television personality. But he had bigger ambitions. Earning scholarships that took him to the U.S., he became the youngest African ever admitted to the MBA program at Stanford Graduate School of Business. Yet instead of climbing the corporate ladder or staying in Silicon Valley, he took the harder road—building a company that would transform how Africans send and receive money across borders.

That company is NALA. What started as a simple remittance app has grown into one of Africa’s most ambitious fintech ventures. Today, NALA powers seamless, low-cost payments from the U.S. and Europe into Africa, cutting through the inefficiencies of the global financial system. Now, with a $40 million oversubscribed Series A funding round, and a Forbes cover story to match, NALA is expanding beyond remittances—building its own payment rails, launching a B2B platform (Rafiki), and setting its sights on global markets, including Asia and Latin America.

In this rare, behind-the-scenes conversation, Benjamin will pull back the curtain on the real journey—the wins, the losses, the breakthroughs, and the breakdowns. No filters. No fluff. Just the raw truth of what it takes to build and scale a fintech company in Africa.

If you’re an entrepreneur, investor, or believer in bold ideas and Africa’s unstoppable rise, you won’t want to miss this.

Come for the insights. Stay for the inspiration.

America/New_York
Feb 15, 2025 12:45 PM
Batten Hives 304

Other Sessions

More Info
Keynotes
Friday
|
3:15 pm
Klarman Auditorium
The Relationship Between developed nations and Africa – the past, the present and the future?
Farouk Gumel explores Africa’s evolving global partnerships and strategies for a stronger economic future.
More Info

The Relationship Between developed nations and Africa – the past, the present and the future?

Africa’s relationship with developed nations has shifted from colonial rule to economic partnerships and global trade. In this session,
Farouk Gumel will explore key historical turning points and their impact on Africa’s current position. A moderated discussion will
follow, examining how Africa can build stronger, fairer partnerships and the role of business leaders, policymakers, and young
professionals in shaping the future.

America/New_York
Feb 14, 2025 3:15 PM
Klarman Auditorium
More Info
Lunches
Saturday
|
12:45 pm
Batten Hives 301
Ubuntu Meets Harambee: Unveiling the New Era of African Philanthropy
This session explores how Africa’s wealth growth fuels philanthropy, with insights on strategy, impact, and policy.
More Info

Ubuntu Meets Harambee: Unveiling the New Era of African Philanthropy

This session will examine how the growth in wealth and the expanding middle class across Africa can fuel a new model of philanthropy. Isaac will discuss a recently published, groundbreaking report that draws insights from key stakeholders and real-world examples to highlight the primary drivers behind HNWI philanthropy in Africa and the future direction of giving on the continent. A key feature of the report is how governments can catalyze strategic philanthropy through effective tax incentives. Together, we will explore how philanthropy on the continent can be maximized and how it should be structured, measured, and deployed for maximum impact

America/New_York
Feb 15, 2025 12:45 PM
Batten Hives 301
More Info
Breakout 2
Saturday
|
11:30 am
Aldrich 107
Diaspora-Driven Entrepreneurship: Bridging Markets and Scaling African Ventures
This panel explores how the African diaspora drives business growth, leveraging networks, funding, and culture.
More Info

Diaspora-Driven Entrepreneurship: Bridging Markets and Scaling African Ventures

This panel delves into the powerful impact of the African diaspora in driving the expansion of African ventures. Featuring a diverse group of speakers—diaspora returnees launching businesses in Africa, to entrepreneurs scaling operations across the continent and beyond, and strategists raising international capital—this discussion will explore the unique challenges and strategies of diaspora-driven entrepreneurship. Attendees will gain insights into leveraging global networks, navigating cultural dynamics, and employing innovative funding models to effectively scale businesses and create a supportive ecosystem for pan-African and global growth

America/New_York
Feb 15, 2025 11:30 AM
Aldrich 107