MoneyGram Partners with African Fintech NALA for Stablecoin Settlements

MoneyGram, a global money transfer service provider, has partnered with NALA, a leading African fintech company, to leverage its stablecoin settlement infrastructure, Rafiki. This partnership allows for faster payouts across both Africa and Asia.

The collaboration comes as stablecoin adoption reaches an all-time high driven by regulatory clarity across key markets and mainstream acceptance. According to reports, NALA's CEO, Benjamin Fernandes, had mentioned the company was exploring a deal with MoneyGram in February 2026.

MoneyGram has been involved in cryptocurrency payouts since 2021, partnering with the Stellar Development Foundation to enable crypto payouts in local currencies. With this new partnership, the company can now tap into NALA's stablecoin rail, Rafiki, to facilitate payments across emerging markets.