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NALA Scaled by Owning the Rails w/ Benji Fernandes

Money Code · 2026-07-30 · 52 min

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Episode notes

Presented by Stablecon; Powered by BVNK. In this episode of Money Code, hosts Chuk Okpalugo and Raj Parekh sit down with Benji Fernandes, founder and CEO of NALA, a remittance business for diaspora customers, and Rafiki, its B2B infrastructure arm for emerging-market payouts, collections, and stablecoin settlement. They unpack how consumer remittance volume pushed NALA to own more of the rails, why 96 out of 100 stablecoin trades in its markets are USDT, and why licenses, liquidity, and local payout infrastructure decide what stablecoins can actually do.

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