African FinTech company Kudi has announced it has changed its name to Nomba as it transitions into an omni-channel payment platform providing tools to enable businesses grow. The company has expanded its range of services to provide easy-to-use business tools for all kinds of businesses to accept, process and manage payments online and offline. The tools will offer more businesses of all sizes across Africa, a distinct gateway into the digital economy, while enabling them optimise their operations.
This solution could not have come at a more opportune time. From neighbourhood kiosks to high-brow restaurants and fashion stores, the small business segment in Nigeria is responsible for 86% of the total workforce through 41 million micro-businesses and 73,000 small and medium enterprises as indicated by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) National Survey.
To drive this expansion, the FinTech has appointed two key new executives Jeffrey Williams as Vice President, Business, and Toluwani Ijogun as Vice President Brand, Marketing and Communications. Harnessing their experience and expertise, Nomba, will accelerate its expansion across Nigeria ensuring that over 350,000 businesses are equipped with all the tools required to run their businesses seamlessly by the end of the year.
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