Nomanini
Cape Town, Western Cape, South Africa
2024 Revenue
$3.2M
Funding
$5.5M
YOY
29.8%
Team
17
Founded
2010
How Nomanini CEO Vahid Monadjem grew to $3.2M revenue with a 17 person team in 2024.
Provider of a payment platform intended to connect the disparate informal retail ecosystem to unlock the latent potential of Africa's economy. The company's platform connects merchants and distributors to each other and global service providers, integrating payments, working capital and data analytics and turns any mobile device into a retail point-of-sale system for informal merchants that is connected to an interoperable merchant wallet, enabling merchants to get access to informal market consumers and efficiently monitor micropayments and services by offering a broad range of digital banking (including cash-in/cash-out), mobile, utility and entertainment services to their customers.
Last updated
Nomanini Revenue
In 2024, Nomanini's revenue reached $3.2M. The company previously reported $2.5M in 2023. Since its launch in 2010, Nomanini has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Nomanini Hit $3.2m revenue in October 2024 | |
| 2023 | Nomanini Hit $2.5m revenue in October 2023 | |
| 2021 | Nomanini Hit $1.4m revenue in April 2021 | |
| 2010 | Launched with $0 revenue |
Nomanini Valuation, Funding Rounds
Nomanini has not publicly disclosed its valuation. The company has raised $5.5M in total funding to date.
Nomanini has raised $5.5M in total funding across 4 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2019 | Funding round | $4M | - | - | |
| 2014 | Funding round | $450K | - | - | |
| 2012 | Funding round | $600K | - | - | |
| 2011 | Funding round | $450K | - | - |
Founder / CEO
Vahid Monadjem
CEO
Vahid Monadjem is Founder and CEO of Nomanini, a South African-based mobile Point of Sale service for facilitating cash transactions in emerging markets. He is passionate about working at the intersection of technology and design in informal markets, where Nomanini’s solutions can directly impact people’s lives. Vahid’s vision for Nomanini isto provide platforms for transactions in emerging markets by empowering local partners to create the tools that best suit their particular environment. Vahid is a trained engineer with extensive innovation and product design experience. Before founding Nomanini, he was McKinsey & Company’s global fellow for Emerging Market Product Development. He 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. Vahid completed a BSc degree in Electromechanical Engineering at UCT, graduating with first class honours, before completing a BCom degree in Financial Analysis and Portfolio Management, again with first class honours. Based in Cape Town, Vahid regularly travels around the world meeting partners and scoping out new opportunities to introduce Nomanini’s cloud-based, rugged point of sale terminals to informal markets.
Q&A
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| What's your age? | - |
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| Advice for 20 year old self | - |
Customers
We do not have customer count information for Nomanini yet.
Nomanini Employees & Team Size
Nomanini employs approximately 17 people as of 2026, including 2 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 17 employees (October 2024) |
| 2023 | Reached 17 employees (October 2023) |
| 2022 | Reached 12 employees (October 2022) |
| 2021 | Reached 11 employees (December 2021) |
| 2021 | Reached 25 employees (April 2021) |
Frequently Asked Questions about Nomanini
What is Nomanini's revenue?
Nomanini generates an estimated $3.2M in annual revenue.
Who founded Nomanini?
Nomanini was founded by Vahid Monadjem.
Who is the CEO of Nomanini?
The CEO of Nomanini is Vahid Monadjem.
How much funding does Nomanini have?
Nomanini raised $5.5M across 4 rounds.
How many employees does Nomanini have?
Nomanini has 17 employees.
Where is Nomanini headquarters?
Nomanini is headquartered in Cape Town, Western Cape, South Africa.
Compare Nomanini to the industry
Nomanini operates across multiple industries. Browse revenue, funding, and growth data for Nomanini in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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