Streamkap Empowers Nala Money to Optimize Real-Time Money Transfers to Africa

Nala Money, an international money transfer app founded in 2017, is committed to delivering fast, safe, and reliable payments from the UK, US, and EU to Africa, addressing urgent financial needs like emergency surgeries. Head of Data Dai Renshaw spearheaded a transformation of Nala's data capabilities, moving from a limited business intelligence setup to a sophisticated real-time data streaming system. Partnering with Streamkap, a real-time data streaming provider, Nala enhanced its data processing by streaming data into Snowflake, enabling instant data analysis, competitive rate monitoring, and provider reliability checks. This real-time data capability allows Nala to make quick, informed decisions, such as adjusting exchange rates to remain competitive and managing operational workloads efficiently, without the high costs and latency issues of previous batch data solutions. Streamkap has become a cornerstone of Nala's data architecture, improving team productivity, reducing costs, and ensuring that money transfers remain reliable and timely, thus reinforcing Nala's mission to streamline remittances to Africa.