Nomba is building the financial infrastructure that lets African businesses bank globally
When Nigerian fintech Nomba launched in 2016, it was not trying to build financial infrastructure for businesses. The company started as Kudi, a chatbot that allowed users to carry out simple financial tasks like transfers, bill payments, and airtime purchases through messaging platforms.
But founders Yinka Adewale and Pelumi Aboluwarin soon realised that the real opportunity lay in serving businesses. Over time, the company evolved from a simple chatbot into a payments platform serving merchants and eventually rebranded to Nomba in 2022.
Today, Nomba provides tools that allow businesses to accept payments, manage money, and run financial operations across digital and physical channels. The company serves hundreds of thousands of merchants and processes billions of dollars in transaction volume annually.
Read more: https://techpoint.africa/feature/nomba-african-businesses-bank-globally/
