Nomanini provides affordable access to payments for everyone, everywhere. The company is a South African-based payments platform provider that enables transactions in the cash-based informal retail sector.
Nomanini provides affordable access to payments for everyone, everywhere.
The company is a South African-based payments platform provider that enables transactions in the cash-based informal retail sector. It’s end-to-end platform is designed for informal market environments, enabling merchant aggregators to bolster their distribution channels, add to their portfolio of transaction services, increase their access to informal market consumers and efficiently monitor micropayments and services via a scalable cloud-based platform.
Nomanini, meaning ‘Anytime’ in siSwati, has Pan-African partnerships enabling thousands of merchants to supplement their income, and to date, has processed over 16 million transactions.
We are currently working in Mozambique, Ghana, Kenya, Zambia and Namibia to provide greater access to payments for mobile airtime, pay TV, electricity and mobile money.
Vahid is the founder and CEO of Nomanini. His vision for Nomanini, is to be the chosen payments platform provider for the informal retail sector.
Vahid believes that the informal retail sector in Africa is an underserved market when it comes to financial technology services, and that existing informal entrepreneurs and enterprises are key to achieving the scale that payments channels require to become viable.
Before founding Nomanini, he was McKinsey & Company’s Global fellow for emerging market product development. A trained engineer with extensive innovation and product design experience, Vahid has worked in Africa, South East Asia, North America and Europe within a wide range of industries, including, technical services, design, consumer goods, state-owned utilities, petrochemicals and telecommunications.
Based in Cape Town, Vahid regularly travels around the world meeting partners and scoping out new opportunities to introduce Nomanini’s payments platform to enterprises servicing cash-based informal markets.
- Financial technology development
- Software development
- Hardware and industrial design
2011 - Founded
2012 - Launched Lula POS terminal
Jul 2013 - Released cloud-based financial management platform
Aug 2014 - Reached 1 million transactions mark
Oct 2015 - Over 1 million transactions per month
Nov 2015 - Launched eLula POS terminal
May 2016 - Reached 16 millionth transaction mark
Over 30 potential clients are evaluating Nomanini’s solution in over 10 countries