About Nomba
Nomba is a company based in Lagos (Nigeria) founded in 2016 by Yinka Adewale and Pelumi Aboluwarin. Nomba has raised $37.71 million across 5 funding rounds from investors including Shopify, Khosla Ventures and Partech Partners. Nomba operates in a competitive market with competitors including Model N, Cerillion, Cacheflow, Xifin and Parasut, among others.
- Headquarter Lagos, Nigeria
- Founders Yinka Adewale, Pelumi Aboluwarin
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$37.71 M (USD)
in 5 rounds
-
Latest Funding Round
$30 M (USD), Series B
May 02, 2023
-
Investors
Shopify
& 10 more
-
Employee Count
Not available
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Nomba
Nomba has successfully raised a total of $37.71M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Nomba
Nomba has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Shopify, Khosla Ventures and Partech Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investments are managed by Base10 Partners in technology for the real economy, with operations in finance, food, retail, and related sectors.
|
Locked | Locked | Locked | |
|
Private equity investments are managed across multiple sectors by Helios.
|
Locked | Locked | Locked | |
|
Venture capital is provided to global tech startups and scale-ups.
|
Locked | Locked | Locked |
Investor details for Nomba
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Nomba
Investment portfolio details for Nomba
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Nomba
Detailed financials for Nomba
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Nomba Comparisons
Peer comparison for Nomba
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Nomba
Nomba operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Model N, Cerillion, Cacheflow, Xifin and Parasut, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Cloud-based revenue management solution for life sciences and hi-tech companies
|
|
| Locked | Locked | Locked |
Cloud-based billing and customer management solutions are provided for businesses.
|
|
| Locked | Locked | Locked |
Cloud-based quote-to-cash solutions are offered for invoice management.
|
|
| Locked | Locked | Locked |
Cloud-based billing & revenue cycle management solutions for diagnostic service providers
|
|
| Locked | Locked | Locked |
Cloud-based invoice management and collection solutions for small & medium businesses
|
Detailed competitors of Nomba
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Nomba
Complete news archive for Nomba
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nomba
Nomba was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Nomba is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Yinka Adewale is the current CEO of Nomba. They have also founded this company.
Nomba is a funded company, having raised a total of $37.71M across 5 funding rounds to date.
Nomba was founded in 2016 in Lagos, Nigeria, focusing on fintech services for small and medium-sized businesses. Payment acceptance, tracking, and management are provided through a mobile app, along with invoice and inventory management tools. Operations center on digital payment processing tailored to business needs. The platform is accessible via iOS and Android devices in the Nigerian market.
Nomba has 11 investors. Key investors include Shopify, Khosla Ventures, Partech Partners, Helios Investment Partners, and Base10 Partners.