Nomanini
Cape Town, Western Cape, South Africa
How Nomanini hit $2.5M revenue with a 17 person team in 2023.
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.
2010
Founded
$2.5M
2023 Revenue
40%
YOY
$5.5M
Funding
Nomanini Revenue
In 2023, Nomanini revenue run rate hit $2.5M in revenue.
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2023
Nomanini hit $2.5M in revenue in 2023
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2021
Nomanini hit $1.4M in revenue in 2021
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2010
Nomanini launched in 2010 with $0 revenue
Nomanini Funding History
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2019
Nomanini raised a of in August, 2019
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2014
Nomanini raised a of in August, 2014
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2012
Nomanini raised a of in October, 2012
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2011
Nomanini raised a of in August, 2011
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| August, 27 2019 | |||
| August, 04 2014 | |||
| October, 01 2012 | |||
| August, 04 2011 |
Team
Nomanini has 17 total employees and 2 sales reps that carry a quota. an engineering team of 8
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 17 |
| Engineer | 8 (47%) |
| Sales | 2 (12%) |
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.
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Customers
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Nomanini Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Vahid Monadjem | CEO | [email protected] | - |
Nomanini Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Vahid Monadjem | CEO | [email protected] | - |
Frequently Asked Questions about Nomanini
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When was Nomanini founded?
Nomanini was founded in 2010.
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How much revenue does Nomanini generate?
Nomanini generates $2.5M in revenue.
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Who is the CEO of Nomanini
The CEO of Nomanini is Vahid Monadjem.
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How much funding does Nomanini have?
Nomanini raised $5.5M.
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How many employees does Nomanini have?
Nomanini has 17 employees.
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Where is Nomanini headquarters?
Nomanini is headquartered at Cape Town, Western Cape, South Africa
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