KINSHASA/LAGOS — September 3, 2026 — Nigerian fintech company Nomba has secured a $3 million debt facility from CardinalStone Finance Company Limited to expand its cross-border payment infrastructure from the Democratic Republic of the Congo.

The financing will provide Nomba with additional U.S.-dollar liquidity through its banking relationships in Hong Kong and Singapore. The company says this will allow it to process larger transactions and accelerate settlements for African businesses paying suppliers in Asia.

Nomba is positioning its DRC operation as a settlement base for trade between Central Africa and Asia. It says the country will also serve as a bridge for expansion into Central and East African markets, with Zambia and Uganda identified as its next targets. Read the report on Nomba's $3 million debt facility

Nomba targets more than $1 billion in monthly payments

Nomba says it currently processes more than $480 million in cross-border payments each month across its DRC operations and Canadian-licensed money-service business.

The company is targeting more than $1 billion in monthly cross-border volume as it adds payment corridors and increases settlement capacity. It is also preparing to seek between $20 million and $50 million in additional debt financing to support further growth.

Nomba CEO Yinka Adewale said the new facility would give the company more liquidity, allow it to operate across more corridors and improve settlement speeds for African businesses.

CardinalStone Finance Managing Director Ayoola Adeola said the transaction reflected the lender's confidence in the growth of cross-border payments and in financial infrastructure connecting African companies with global markets.

DRC becomes central to Nomba's regional strategy

Nomba's expansion is focused on business-to-business payments, particularly for importers, exporters and other companies that need to pay overseas suppliers.