Lagos, Nigeria - Nomba, formerly known as Kudi, has raised $30,000,000 in a pre-Series B funding round led by Partech, Khosla Ventures, Shopify, and Base10 Partners. Nomba is a financial services company based in Lagos, Nigeria that provides access to everyday tools to simplify payments and drive business growth.
Nomba's journey started in 2016 with the development of "Kudi.ai", a chatbot integration that responds to financial requests on social apps. This led to the creation of a community of independent businesses called Agents, which act as neighborhood banks offering basic financial services such as cash withdrawal, transfer, and bill payments to all Nigerians, especially those in underserved communities.
Nomba's innovative solution has now evolved to provide easy-to-use tools with flexible options for all kinds of businesses to accept, process, and manage payments online and offline. Their ecosystem simplifies how businesses accept payments, make payments, and manage operations, making it accessible and affordable for all.
Founder Adeyinka Adewale is thrilled about the funding round and is looking forward to the future of Nomba. "We are delighted to have the support of such reputable investors as we continue to build an ecosystem that simplifies financial services for all. This investment will allow us to expand our offerings, grow our team, and continue to drive business growth across Africa."