
Nomanini
The pioneering fintech platform that connects financial service providers and fast moving consumer goods companies to retail MSMEs.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
N/A | €0.0 | round | |
investor investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
N/A | $1.5m Valuation: $7.5m 2.5x EV/Revenue | Late VC | |
Total Funding | 000k |
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 114 % | 7 % | 17 % | - |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Nomanini is a pioneering fintech platform based in South Africa that connects financial service providers and fast-moving consumer goods (FMCG) companies to retail micro, small, and medium enterprises (MSMEs). Operating primarily in cash-first markets across Africa, Nomanini leverages existing FMCG value chain relationships to rapidly deploy alternative banking channels and facilitate low-cost acquisition of retail business banking customers.
The company serves informal retail merchants by integrating payments, working capital, and data analytics to unlock the latent potential of the economy. Nomanini's platform supports the development and deployment of business banking products, enabling informal retailers to offer distribution and banking services within their local communities. This approach not only enhances the financial inclusion of these merchants but also strengthens their business operations.
Nomanini's business model revolves around forming strategic partnerships with financial service providers and FMCG companies, thereby creating a comprehensive ecosystem that benefits all stakeholders. The company generates revenue through transaction fees, subscription services, and value-added services offered to its clients.
With a strong focus on innovation and community impact, Nomanini has secured multiple rounds of funding and facilitated millions of dollars worth of transactions. The company's mission is to bridge the gap between the informal economy and formal financial services, thereby rewriting the rules of informal trade in Africa.
Keywords: fintech, informal retail, MSMEs, digital banking, supply chain financing, payments, working capital, data analytics, financial inclusion, Africa.