Nomba Raises $3M Debt Financing

Nomba, a Nigerian fintech startup, has secured a $3 million debt facility to scale its cross-border payment operations. The company, which specializes in omnichannel payment services, intends to use this capital to increase its transaction processing capacity and expand its footprint in Africa.

Investors

CardinalStone Finance Company Limited provided the $3 million debt facility.

Nomba Use of Funds

The company plans to use the capital to provide greater USD liquidity to power its near-instant cross-border payment network. The funds will support the expansion of payment infrastructure out of the Democratic Republic of Congo, serving as a base for settling trade between Central Africa and Asia, and facilitate further entry into new African markets including Zambia and Uganda.

About Nomba

Founded in 2017 by Yinka Adewale and Pelumi Aboluwarin and formerly known as Kudi, Nomba is a payment service provider that offers omnichannel financial infrastructure. The company focuses on connecting African businesses to global markets by facilitating secure and rapid cross-border transactions.

Funding Details

Company Website: https://nomba.com

Company: Nomba
Raised: $3M
Round: Debt Financing
Funding Date: September 7, 2026
Lead Investor: CardinalStone Finance Company Limited
Software Category: Fintech
Source: https://disruptafrica.com/2026/09/07/nigerian-fintech-startup-nomba-secures-3m-debt-facility-to-scale-cross-border-payments/