CEM REPORT | Africa Financial Technology Company, Kudi has changed its name to Nomba.
The FinTech Company also expands iits service into an omino-channel payment platform,.
Providing user-friendly tool for businesses of all kinds and size to accept and process payment online and offline. service increasing its range of services.
According to Nomba its new platform offers businesses the opportunity to order a full-service integrated terminal over a dashboard designed to manage all its consumer transaction via cards, transfer, USSD, QR or cash across various channels and locations in five minutes.
Nomba also says it integrated dashboard will over the next six months provide more access to technology, delivering real-time oversight of all business transactions. It also plans to provide invoicing, payroll amongst other services aimed at increae business productivity.
Key appointment were also made to made to ensure productivity. Jeffrey Williams has been appointed Vice President, Business, while Toluwani Ijogun as Vice President Brand, Marketing and Communications.
Jeffrey Williams-Edem as VP Business will be responsible for creating and driving the machinery to deliver, business acquisition, new market development and revenue. He also will oversee business operations, development of new products and sales.
He joins Nomba from Interswitch with a nag of experience spanning well over 18 years in sales, business development strategy, digital payment and merchant acquisition from multiple industries.
Toluwani Ijogun as Vice President Brand, Marketing and Communications will oversee all internal and external communications, insights and marketing capabilities and analytics for the brand.
She will also be responsible for brand strategy, which includes all consumer, business-to-business and partner marketing activities that advance the company’s goals.
She comes on board with well over 15 years on experience from managing various notable brands. She joins from Kuda.
The Chief Executive Officer, Yinka Adewale said
“Since our launch in 2017, our technology and insights have enabled merchants to earn and build successful businesses, transforming their own lives and that of others. Today, complimentary regulatory frameworks and well-thought-out partnerships with financial institutions have synergized to create an enabling environment for fintechs to chart the future of payments, making access to digital payment solutions ubiquitous. Over the next five years, we will be leveraging these factors, as well as the experience and expertise Jeff and Tolu bring to deepen the penetration of digital payment solutions across the country, making payments easier for everyone,”
Nomba started originally as a chatbot to simplify payment in 2017. It metamorphosed to a company in 2018 partnering with financial institutions to providing financial and banking products and services to and for merchant across the country with its distinct point of sales (POS) technology.
Earlier in the year it was listed as YCombinator Top Company. It stand with over 150,000 business registrated on it platform powered to perform cash, card and other banking related transactions on behalf of their consumers and businesses.
It currently processes and performs over $16 million transaction across over 500,000
