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Nomanini logo — We imagine a future where informal retailers in Africa can t...

Nomanini

We imagine a future where informal retailers in Africa can thrive rather than only just survive.

Founded 2011 South Africa South Africa 15 employees Venture round Total: $11.85M Financial Services, Fintech +3

General Information

Company Name Nomanini
Founded Year 2011
Location South Africa South Africa
Employees 15
Industries Financial Services, Fintech, Mobile +2
Funding Stage Venture round
Social

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About Nomanini

Nomanini is a South Africa-based fintech startup founded in 2011 with a mission to empower informal retailers in Africa to thrive. The company envisions a future where these retailers can move beyond survival and achieve sustainable growth. Nomanini's fintech platform offers a range of tools designed to enhance the businesses of informal retailers by integrating new digital financial services with existing distribution networks. The platform connects MSMEs, financial service providers, distributors, and manufacturers through the integration of payments, working capital, and data analytics, thereby unlocking the untapped economic potential of Africa. In February 2021, Nomanini successfully closed a $1.50M Venture Round investment, with participation from notable investors including Goodwell Investments, FMO, and Standard Bank Group. With a focus on Financial Services, Fintech, Mobile, Payments, and SaaS industries, Nomanini's innovative approach to addressing the needs of informal retailers in Africa positions the company as a compelling investment opportunity in the rapidly evolving fintech landscape.

Business keywords: digital payments, informal retail, MSMEs, distribution networks, working capital, interoperable merchant wallet, financial inclusion, Africa's economy, mobile technology, business intelligence, sustainable development

Funding Rounds & Investors (7)

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Funding Stage Amount Investors Lead Investors Date
Debt Financing $500.00K 1
FMO
11 Feb 2021
Venture Round $1.50M 3
Goodwell Investments, FMO +1
11 Feb 2021
Series D $4.00M 2
Goodwell Investments, Standard Bank Group
27 Aug 2019
Series C Undisclosed -
21 Oct 2015
Series B ZAR4.80M 1
Industrial Development Corporation
04 Aug 2014
Series A $600.00K 1
eVentures Africa Fund
01 Oct 2012
Pre Seed Round $450.00K 1
Industrial Development Corporation
04 Aug 2011

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FAQ About Nomanini

We imagine a future where informal retailers in Africa can thrive rather than only just survive.
Nomanini was founded in 2011.
Nomanini is headquartered in South Africa.
Nomanini operates in Financial Services, Fintech, Mobile, Payments and SaaS. Its work centres on digital payments, informal retail, MSMEs and distribution networks.
Nomanini has approximately 15 employees.
Nomanini has completed 7 funding rounds, raising a total of $11.85M. The latest funding stage is Venture round.
Top alternatives and competitors to Nomanini include MarketForce, Agel - آجل, Digiduka, CheqUPI (YC S23), Bibimoney. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Nomanini and MarketForce are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Nomanini, https://bouncewatch.com/company/nomanini, updated 31 December 2024. When citing, please name BounceWatch and link this page.

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