Despite growth in digital payments across Africa, most companies only have access to generic point-of-sale machines for transactions. These machines operate in isolation from the rest of the business operations.
Nomba is starting in Nigeria and will offer a variety of business tools. These include invoicing and order management solutions to improve efficiency and reduce the cost of operations for businesses across the continent.
Funds from the pre-Series B round will also help Nomba expand across Africa and other markets.
Nomba has previously raised $5m in funding.
Earlier in the year, pan-African neobank Payday secured $3m in a seed funding round led by Moniepoint.