Nomba secures $3M debt facility in cross-border expansion push
Summary
Nomba secured a $3 million debt facility from CardinalStone Finance Company Limited to expand its cross-border payments infrastructure. The company plans to use the funding to improve USD liquidity, speed settlement, and add new payment corridors across Africa and Asia. Nomba says it already processes more than $480 million a month across its DRC and Canadian-licensed operations and aims to reach over $1 billion in monthly cross-border volume. The company also signaled that it will pursue much larger funding in the coming months to support broader regional expansion.
Funding
Amount
$3.0M
Total raised
Date
September 3, 2026
Announcement date
Investors
-
Lead investors
Company
nomba.com
Funded company
AskAI Classifications
Sectors
Fintech, Banking and Payments
General Fintech
Payment Processing
Functions
Developer and IT Infrastructure
Development Platforms
Linked Companies
Nomba
$10M to $25M