₦7 TRILLION A MONTH. 600,000 BUSINESSES. ONE NIGERIAN FINTECH BUILDING BEYOND PAYMENTS. Nomba, founded by Yinka Adewale and Pelumi Aboluwarin, is turning its domestic payments scale into a bigger ambition: connecting African businesses to global trade. According to Adewale, the company processes more than ₦7 trillion in monthly transaction volume, serving over 600,000 active businesses. But the bigger story is what comes next.
In September 2026, Nomba secured a $3 million debt facility to support its cross-border payments expansion. Its international payments operations were reportedly processing more than $480 million monthly, with an ambition to reach $1 billion. The strategy extends beyond Nigeria, including payment activity involving the Democratic Republic of Congo and trade corridors with Asia. The opportunity is significant. African businesses need more than payment acceptance.
They need reliable financial infrastructure to move money, settle transactions and operate across borders. Nomba is building around that demand. Merchant payments built the foundation. Business banking deepened the relationship. Cross-border payments opened the next opportunity. The ₦7 trillion monthly volume gets the attention. Payments built Nomba's scale. African trade could define its next chapter.
