# Nomanini SA (Pty)

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nomanini-sa-pty

- Industry: Software
- Headquarters: Cape Town, South Africa
- Website: www.nomanini.com
- Total disclosed funding: $4.6M
- Latest round: Series D (Aug 27, 2019)
- Investors on record: 3

## About

Founded in 2010 and based in Cape Town, South Africa, Nomanini SA (Pty) Ltd. operates as a fintech company, enabling merchants to offer products and services, and receive and process payments online. In August 2019, Nomanini raised USD 4 million in Series D funding led by Standard Bank Private Equity, with participation from Goodwell Investments. 

The company’s SaaS-based platform provides informal retail micro, small and medium-sized enterprises (MSMEs) with the tools to improve their businesses. The company also leverages new digital financial services and existing distribution networks to support digital banking and supply chain financing in cash-first markets. The company's solution also allows banks to offer financial services such as credit, savings, and insurance to informal retailers.

Nomanini plans to use the funding raised from Series D to grow its network of financial service providers and value chain partners, invest in product development and operational scalability, and expand the team with top-tier talent working across Africa.

## Funding rounds

- Series D, Aug 27, 2019, $4M — Goodwell Investments, Standard Bank Group
- Series A, Oct 1, 2012, $0.6M — eVentures Africa Fund

## Investors

- eVentures Africa Fund (https://capitalatlas.ai/funds/eventures-africa-fund) — Series A
- Goodwell Investments (https://capitalatlas.ai/funds/goodwell-investments) — Series D
- Standard Bank Group (https://capitalatlas.ai/funds/standard-bank-group) — Series D