Nomba
YC W17Lagos, NG · Founded 2017 · 200 employees · 13 known investors
Nomba offers banking and payment processing services to businesses across Africa, with a focus on Nigeria and the Democratic Republic of Congo.
Also known as Kudi
Founders & leadership· Y Combinator alumni (W17)
Nomba was founded in 2017 by Yinka Adewale, Pelumi Aboluwarin, and Adeyinka Adewale.
Investors · 13
4DX VenturesAccra · $50K – $500K
Helios Digital VenturesLondon
Necessary VenturesSan Francisco · $1M – $2M
Y CombinatorSan Francisco · $500K
Base10 PartnersreportedSan Francisco · $100K – $5M
Khosla VenturesreportedMenlo Park · $5K – $50M
Musha VenturesreportedSeattle · $25K – $500K
Partech VenturesreportedBerlin · $200K – $50M
ShopifyreportedOttawa
Ventures PlatformreportedAbuja · $50K – $1M
Also in the syndicate · 3
Base 10 PartnersleadHelios.doPartech
Funding
SEC filings, press & company announcements$30M disclosed across 1 round · 2023
- $30Mpre-Series BMay 2023 · 2 sources
Base 10 Partners (lead), Base10 Partners (lead), Helios Digital Ventures, Helios.do, Khosla Ventures, Partech, Partech Partners, Shopify
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Images
Competitors · 8
by search overlap
Wise6 shared keywordsWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.
moelis5 shared keywordsMastercard operates a global payments network that processes transactions between cardholders, merchants, financial institutions, and other participants, while also offering additional payment products and services subject to extensive regulatory oversight across multiple jurisdictions.
Plaid5 shared keywordsPlaid provides financial infrastructure and APIs that enable developers to build financial technology products and services. The platform serves fintech companies, developers, and financial institutions by offering consumer-facing applications and backend tools for financial data connectivity.
Bill.com Holdings, Inc.4 shared keywordsBILL is a unified financial operations platform that automates accounts payable, receivables, and spend management for businesses. The platform processes over $345 billion in annual payment volume and serves nearly 500,000 customers across the US and 130+ countries.
Jetlore4 shared keywordsJetlore was a Palo Alto AI startup that turned unstructured retail product data into structured attributes so merchants could personalise what each shopper saw. Founded by Stanford researchers, it raised from Sierra Ventures, Alsop Louie Partners, Fenox Venture Capital, BRM Capital and Mercury Fund, and PayPal acquired it in 2018.
United Bank for Africa3 shared keywordsUBA Group is a pan-African banking group offering financial services to individuals and businesses across Africa and internationally. This page presents the group's annual financial results and reports for investors.
Plastiq3 shared keywordsDigital banking and financial services for small businesses
Protecto3 shared keywordsProtecto provides context-based access control for AI systems that structures unstructured data and enforces runtime access policies based on user role, task, and context. The platform prevents sensitive data exposure in enterprise AI applications while maintaining sufficient context for AI models to function effectively.
Companies competing with Nomba for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Nomba do?
- Nomba offers banking and payment processing services to businesses across Africa, with a focus on Nigeria and the Democratic Republic of Congo.
- Who founded Nomba?
- Nomba was founded by Yinka Adewale, Pelumi Aboluwarin, Adeyinka Adewale in 2017.
- Who are Nomba's investors?
- Nomba's investors include 4DX Ventures, Helios Digital Ventures, Necessary Ventures, Y Combinator, Base10 Partners, Khosla Ventures, Musha Ventures, Partech Ventures and 2 more.
- How much funding has Nomba raised?
- Nomba has disclosed $30M raised across 1 round.
- Where is Nomba headquartered?
- Nomba is headquartered in Lagos, NG.