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, Partech Ventures, Ventures Platform, Y Combinator, Base10 Partners, Khosla Ventures and 4 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.

Nomba

YC W17

Lagos, NG · Founded 2017 · 200 employees · 14 known investors

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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

FintechNigeriaAfricaPartly Remote

Founders & leadership· Y Combinator alumni (W17)

Nomba was founded in 2017 by Yinka Adewale, Pelumi Aboluwarin, and Adeyinka Adewale.

Yinka AdewaleCEO

Pelumi AboluwarinCo-Founder & CTO

Adeyinka AdewaleFounder

Ayodeji AdewuyiFounder

Dorian PeakeHead of Engineering

Esther AdebayoTechnical Recruiter

Joy OdionTalent Acquisition \u0026 Retention Associateformer

Eghosa ObasekiTechnical Recruiterformer

Investors · 14

4DX Ventureslisted by 4DX VenturesAccra · $50K – $500K

How we know: 4DX Ventures's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Helios Digital Ventureslisted by Helios Digital VenturesLondon

How we know: Helios Digital Ventures's portfolio page · techcrunch.com · Not right? Tell us

Necessary Ventureslisted by Necessary VenturesSan Francisco · $1M – $2M

How we know: the VCSheet dataset · Not right? Tell us

Partech Ventureslisted by Partech VenturesParis · $200K – $50M

How we know: betakit.com · partechpartners.com · open dataset · 5k.vc investor directory · Y Combinator's founder network · Not right? Tell us

Ventures Platformlisted by Ventures PlatformAbuja · $50K – $1M

How we know: Ventures Platform's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · open dataset · 5k.vc investor directory · Not right? Tell us

Base10 PartnersreportedSan Francisco · $100K – $5M

How we know: betakit.com · open dataset · 5k.vc investor directory · Y Combinator's founder network · Not right? Tell us

Khosla VenturesreportedMenlo Park · $100K – $20M

How we know: betakit.com · Y Combinator's founder network · Not right? Tell us

Musha VenturesreportedSeattle · $25K – $500K

How we know: the VCSheet dataset · Not right? Tell us

Next VenturesreportedAustin · $500K – $3M

How we know: Y Combinator's founder network · Not right? Tell us

ShopifyreportedOttawa

How we know: betakit.com · Y Combinator's founder network · Not right? Tell us

Venture Investment AssociatesreportedPeapack

How we know: Y Combinator's founder network · Not right? Tell us

Also in the syndicate · 2

Base 10 PartnersleadHelios.do

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 Partners, Shopify
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Images

Related companies · 10

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Bill.com Holdings, Inc.BILL 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.

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JetloreJetlore 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.

SiftSift provides an AI-powered platform for fraud prevention and risk decisioning that helps digital businesses detect and manage online fraud. The platform serves companies across industries looking to reduce fraud losses while enabling secure growth.

Companies working in the same space as Nomba.

Legal entities · 1

corporate structure

Nomba Inc.

In the news

African payment service provider Nomba raises $30M, backed by Base10 Partners and Shopify | TechCrunchtechcrunch.com · May 2023

Shopify backs Nigeria-based FinTech Nomba in $30 million roundbetakit.com · May 2023

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, Partech Ventures, Ventures Platform, Y Combinator, Base10 Partners, Khosla Ventures and 4 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.