2024 Revenue
$3.2M
Funding
$5.5M
YOY
29.8%
Team
17
Founded
2010
How Nomanini CEO Vahid Monadjem grew Nomanini 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
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
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| 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 $3.2M in 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.
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.
Claim this profilePeople Also Viewed
NextME
NextME makes it simple for businesses to manage waitlists and serve more customers. Track visits and wait times, engage your customers in real-time with a custom virtual waiting room, and grow your business like never before. NextME leverages proprietary historical data to help businesses quote more accurate wait times during peak hours. We believe in superior customer service and that waiting in line can be done virtually, not physically. NextME's digital waitlist for businesses is available to download in the App Store today: http://apple.co/1IUTQWw We're hiring! See our current opening positions here: https://bit.ly/3llzOho Need an extra hand with a product demo? Give us a call at (877) 639-8631
BluAgent
BluAgent Technologies is a fully integrated SaaS platform that streamlines and simplify the entire safety and compliance process
Filtered.ai
Filtered uses performance data to maximize the quality of your current and future workforce.
Headway Essex
Headway Essex is a charity that supports people living with acquired brain injury, ensuring they can live a fulfilling life.
Digital Horizon
Digital Horizon is a VC firm focused on backing exceptional entrepreneurs building B2B software-based solutions and marketplaces. With a presence in London, Tel Aviv and Moscow, Digital Horizon aims to seek out early-stage technology companies with the ultimate goal to assist them in building and scaling their business.
Trefis
Provider of a business analysis technology. The company provides a data analytics technology for investors and decision-makers in business that allows users to share, use, and collaborate on analysis.