August 2017

July 2017

June 2017

May 2017

08 May

Consolidation of the fintech ecosystem in Africa

Mobile money’ used to be a catch-all phrase, describing everything from consumer wallets to building agent networks, lending, and international remittances. However, African fintech has gradually matured into an industry with specialist roles, and more players in the market every year. This shift has seen more companies take on niche roles. This makes strong partnerships between various parts of the ecosystem crucial for the space’s long-term development.

April 2017

March 2017

20 Mar

Nomanini and FIBR join forces to host the African Fintech Unconference

Nomanini, together with FIBR, an initiative of the Mastercard Foundation, are hosting the first annual African Fintech Unconference in Accra on March 23rd and 24th, 2017. The African Fintech Unconference brings together fintech innovators, banks, telcos, thought leaders and other established financial players in the dynamic fintech sector, to create awareness among the African fintech ecosystem and enable collaboration for smarter partnerships that drive the next wave of fintech innovatio...

February 2017

January 2017

December 2016

November 2016

28 Nov

Nomanini rolls out loans system for merchants in Ghana

South Africa-based enterprise payments platform provider Nomanini has launched a loans system for merchants on its platform, aimed at offering credit to informal retailers previously excluded from financial services. The company’s solutions for merchant transactions and service management platform enable enterprises to efficiently distribute digital goods, while also creating additional income for entrepreneurs in informal markets. Having collected a large dataset on informal merchants acros...

October 2016

13 Oct

What Makes ‘Inclusive Fintech’ Truly Inclusive?

Starting back in the 1980s with the launch of Grameen Bank in Bangladesh, the concept of inclusive growth has been instrumental in fighting poverty and providing opportunities for marginalised communities to uplift themselves. When it comes to the provision of fintech services, however, which combine advances in digital and mobile technology with financial applications, inclusivity is not a prominent feature. Arguably, the underbanked and unbanked population have the most to gain from the fin...

September 2016

August 2016

July 2016

June 2016

ABOUT NOMANINI

As the pioneering fintech platform for the informal retail ecosystem, Nomanini connects merchants and distributors to each other and global service providers, integrating payments, working capital, and data analytics to unlock the latent potential of Africa’s economy.

Nomanini turns any mobile device into a retail point-of-sale solution for informal merchants that is connected to an interoperable merchant wallet. The interoperable merchant wallet allows merchants to offer a broad range of digital banking (including cash-in/cash-out), mobile, utility and entertainment services to their customers boosting competitiveness. In turn, digital service providers rapidly increase the scale and reach of their offerings. By generating real-time insights based on transaction data, distributors using the platform gain a single view of their merchant network, ensuring inventory is where it is needed most to improve sales. Distributors can also begin to accept payments for goods electronically, eliminating the risk and inefficiency of collecting cash. With data analytics, Nomanini helps extend working capital loans to merchants via distributors allowing them to invest in inventory to grow their businesses. The increased volume of goods and services set against reduced operational friction increases the profits for all platform participants.

Headquartered in Cape Town and founded in 2011, Nomanini has partnered with Standard Bank Group.

For more information, please visit https://www.nomanini.com