Where is Nomba located?

Nomba is headquartered in Lagos, Nigeria.

Who is the current CEO of Nomba?

Yinka Adewale of Nomba. They have also founded 1 company.

How many employees does Nomba have?

As of May 31, 2026, the latest employee count at Nomba is 416.

Is Nomba a funded company?

Nomba is a funded company, having raised a total of $42.7M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round.

How much is Nomba worth?

The latest valuation of Nomba is $***** as of May 02, 2023.

When was the latest funding round of Nomba?

Nomba's latest funding was a $***** Series B round on May 02, 2023, with participation from 5 investors.

Where does Nomba rank among its competitors?

Nomba ranks 1st amongst 212 active competitors, of which 13 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Sequence, which secured $20M in Dec, 2025.

Who are the top competitors of Nomba?

Nomba's top competitors include Xifin, Cerillion Technologies and Klarity. Among them, Sequence secured the most recent funding round in December, 2025.

Nomba - 2026 Company Profile, Team, Funding & Competitors

Nomba is a series B company based in Lagos (Nigeria), founded in 2016 by Pelumi Aboluwarin and Yinka Adewale. It operates as an App-based payment acceptance solutions for SMBs. Nomba has raised $42.7M in funding from investors like Y Combinator, Khosla Ventures and Ventures Platform, with a current valuation of $*****. The company has 212 active competitors, including 13 funded and 18 that have exited. Its top competitors include companies like Xifin, Cerillion Technologies and Klarity.

Company Details

App-based payment acceptance solutions for SMBs. It offers solutions for payment tracking, payment management, payment acceptance, and more. It also offers invoice and inventory management solutions. The app is available for iOS and Android users.

Website: nomba.com
Social
Email ID: *****@nomba.com
Phone Number: +234 **********

Key Metrics

Founded Year

2016

Location

Lagos, Nigeria

Stage

Series B

Total Funding

$42.7M in 6 rounds

Latest Funding Round

Series B, May 02, 2023, $*****

Post Money Valuation

$***** as on May 02, 2023

Investors

Y Combinator & 12 more

Ranked

1^st among 212 active competitors

Employee Count

416 as on May 31, 2026

Similar Companies

Xifin & 237 more

View Nomba's full profile

Nomba has raised a total funding of $42.7M over 6 rounds. Its latest funding round was a Series B round on May 02, 2023 for $*****. 5 investors participated in its latest round. Nomba has 11 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Nomba:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 02, 2023	3758181	Series B	6102475	8497221	2006449	8268767
Mar 04, 2019	6838695	Series A	4920470	6563182	4181234	Michael Seibel & 2 more
2018	6596	Seed	4394	8172	Musha Ventures	8106

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View details of Nomba's funding rounds and investors

The founders of Nomba are Pelumi Aboluwarin and Yinka Adewale. Yinka Adewale is the CEO of Nomba.

Here are the details of Nomba's key team members:

Pelumi Aboluwarin: Co-Founder & CTO of Nomba.
Yinka Adewale: Co-Founder & CEO of Nomba and founder of 1 other company.
Contact Info: 2 email addresses

View details of Nomba's Founder profiles and Board Members

Nomba's employee count trend

Nomba has 416 employees as of May 26. Here is Nomba's employee count trend over the years:

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Top competitors of Nomba include Xifin, Cerillion Technologies and Klarity. Here is the list of Top 10 competitors of Nomba, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Nomba 2016, Lagos (Nigeria), Series B	App-based payment acceptance solutions for SMBs	$42.7M	Helios, Khosla Ventures & 11 others	75/100
2nd	Xifin 1997, San Diego (United States), Acquired	Cloud-based billing & revenue cycle management solutions for diagnostic service providers	$6M	Windward Ventures, Avista Healthcare Partners ... & 4 others	63/100
3rd	Cerillion Technologies 1999, London (United Kingdom), Public	Provider of composable BSS/OSS software solutions for telecom operators	$9M	Herald Investment Management, Origin Capital ... & 3 others	62/100
4th	Klarity 2017, San Francisco (United States), Series B	Account receivables and billing management platform	$90M	Tola Capital, Invus & 9 others	62/100
5th	Parasut 2013, Istanbul (Turkey), Acquired	Cloud-based invoice management and collection solutions for small & medium businesses	$3.99M	Ribbit Capital, e2vc & 3 others	62/100
6th	ezyCollect 2011, Sydney (Australia), Acquired	Accounts receivable automation software	$12.3M	Tank Stream Ventures, Bombora & 4 others	58/100
7th	Apttus 2006, San Mateo (United States), Acquired	Provider of document automation, contract lifecycle management, and revenue management solutions	$474M	Kuwait Investment Authority, Premji Invest ... & 8 others	58/100
8th	Sequence 2021, New York City (United States), Series A	Integrated billing and pricing solution for businesses	$39M	645 Ventures, Andreessen Horowitz & 20 others	56/100
9th	Subskribe 2020, Danville (United States), Acquired	Provider of quote-to-revenue platform simplifying CPQ, billing, and revenue recognition	$18.4M	Slow Ventures, 8VC & 4 others	56/100
10th	Tabs 2023, New York City (United States), Funding Raised	Provider of revenue automation platform streamlining contract-to-cash processes for businesses	-	Company Ventures, Alumni Ventures	54/100