Nomba
Founded
2016 (originally as Kudi.ai) — evolved into Nomba after rebranding and expanding services from a chatbot to a full-featured payments and business tools platform.
Founders & Leadership
Adeyinka “Yinka” Adewale – Co-Founder & CEO
Pelumi Aboluwarin – Co-Founder & CTO
The company started with an AI-chatbot prototype and later pivoted into payments infrastructure and business tooling.
Headquarters / Location
Lagos, Nigeria — with a focus on serving businesses across Nigeria and plans to expand across Africa.
Industry
FinTech / Payments & Business Operations Tools — enabling offline & online payments, POS solutions, business management tools, and financial services for merchants.
Overview
Nomba is a fintech platform that helps businesses of all sizes accept and manage payments, track sales, and handle operations via easy-to-use digital and point-of-sale (POS) tools. What began as a chatbot interface evolved into a licensed payment service provider that supports merchants in reconciling offline and online transactions, managing inventories, invoicing, and linking financial flows directly to operations.
With solutions for small merchants, medium businesses, and enterprises, Nomba positions itself as an essential infrastructure partner for digitizing commerce in informal and formal markets across Africa.
Core Features & Capabilities
Point-of-Sale (POS) Terminals: Accept card payments online and offline.
Business Management Tools: Sales tracking, reconciliation dashboards, invoicing, and order management.
Banking & Financial Services: Fund transfers, cash withdrawals, billing and payments through a single platform
Multi-Segment Support: Tailored solutions for micro merchants, medium businesses, and enterprise clients.
Agent Network: Empowers neighborhood businesses to act as service agents providing basic financial services.
Target Market
Small and micro businesses seeking to accept digital payments and manage in-store and online sales.
Medium-sized enterprises needing integrated business tools for sales, inventory, and financial operations.
Large enterprise clients requiring payment APIs and customized solutions.
Agents and underserved communities enabling cash-in/cash-out services as part of financial inclusion efforts.
Value Proposition
Comprehensive payment ecosystem: A single platform for payments, sales, and business management that replaces fragmented tools.
Accessible to underserved markets: Supports informal and agent-based merchants who previously had limited digital payment access.
Operational efficiency: Helps merchants reduce manual bookkeeping and reconcile payments across channels.
Scalable solutions: Offers tailored tools from basic POS to enterprise-grade APIs.