The funding round was led by San Francisco-based Base10 Partners, with participation from Partech, Khosla Ventures, Helios Digital Ventures and Shopify. Founded in 2016, Nomba is creating tools for businesses to manage sales, money and payments without hurdles. The startup is on a mission to build an ecosystem that simplifies how businesses accept payments, make payments and manage operations.

Nomba intends to invest the new funding in delivering tailored payment and operational solutions designed for specific businesses, including food companies, restaurants, logistics and transport companies, to plug gaps in their payment processes.