Nomanini

Nomanini connects banks and distributors to Africas informal merchants Nomanini is the pioneering fintech platform that connects global distributors and service providers to local merchants in informal markets across the continent. Nomanini turns any mobile device into a retail point-of… read more-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.

 


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