Nomba raises $3 million to target Africa–Asia payment corridor

Nomba, a Nigerian fintech that enables businesses to collect payments and access banking services, has raised a $3 million debt facility through CardinalStone Finance Company Limited, the financing arm of CardinalStone Group, to expand its cross-border payments infrastructure across Central Africa. The company said the debt facility will give it more USD liquidity to deploy through its banking relationships in Hong Kong and Singapore. With more liquidity available across currencies, the company