HOF Capital
Founded in 2016, HOF Capital is a global venture capital firm with $1 billion in assets under management. It invests in ambitious entrepreneurs across various stages, from idea to IPO, focusing on enterprise software, artificial intelligence, frontier tech, consumer, and fintech sectors.
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Past deals in Tanzania
NALA
Series A in 2024
NALA Incorporation Company Limited is a FinTech firm based in Dar es Salaam, Tanzania, founded in 2017. The company develops a mobile payments application that facilitates various financial transactions, including bill payments, peer-to-peer transfers, and airtime top-ups, all without requiring an internet connection. NALA's platform is designed to enhance financial inclusion by providing services that cater to users in regions with limited internet access. The application incorporates bank-grade security encryption and multi-factor authentication to ensure the safety of transactions. Additionally, NALA offers budgeting tools and transaction history tracking, enabling users to manage their finances effectively. Through its services, NALA aims to simplify mobile money transfers for Africans worldwide and support international payments.
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