Kudi now Nomba, makes senior appointments to drive expansion

BY CHARLES ABUEDE

Kudi, one of Africa’s financial technology companies, will now be known as Nomba after the company decided to transition into an omni-channel payment platform providing tools to enable businesses to grow.

The company also said it has made some strategic appointments aimed at expanding business as it provides a gateway between cash and digital.

The rebirth of Nomba will see underserved and full-fledged businesses on board in five minutes and order a full-service integrated terminal and dashboard designed to manage all their payment needs whether in cash, cards, transfers, USSD or QR across multiple channels and locations.

Launched in 2017 as a chatbot designed to simplify payments, it evolved into a company in 2018 whose distinct point of sale (POS) technology, partnerships with banks and other licensed financial institutions democratised access to banking products and services for merchants across Nigeria. This also includes core banking solutions such as opening savings accounts and loans.

According to the company, the next 6 months will see Nomba extend the penetration of its POS terminals across the country, giving more businesses access to technology that delivers real-time oversight of all business transactions whether they are a one-man business or a corporate, all on one dashboard. It also plans to expand its product offerings into invoicing, payroll management and other tools that boost the productivity of businesses.

Nomba said it has appointed Jeffrey Williams as vice president, business, and Toluwani Ijogun as vice president, brand, marketing and communications, to drive expansion.