Tanzanian fintech startup Amala Technologies has accelerated its growth through the NMB Fintech Program, in partnership with the PesaTech Accelerator.
Amala offers digital core banking solutions for Microfinance Institutions (MFIs) and Savings and Credit Co-operative Organisations (SACCOS) that simplify client and portfolio management, and reporting. Amala validated its system in the NMB Sandbox and secured a Payment Service Provider (PSP) licence, positioning it for nationwide expansion.
“At NMB, we are deeply committed to driving technological advancement and digital excellence. Through programs like our Fintech Accelerator, we are not just supporting startups, we are shaping the future of finance in Tanzania,” said NMB’s Chief Technology and Digital Transformation, Kwame Makundi.
For more information visit NMB’s LinkedIn page.
