The Meridian

Nomba raises US$3m debt facility from CardinalStone Finance for Africa-Asia payments

Dollar liquidity for the Lagos fintech’s DRC settlement hub, routed through banking relationships in Hong Kong and Singapore.

Nomba, a Lagos-headquartered fintech, announced on 3 September 2026 a US$3m debt facility structured by CardinalStone Finance Company Limited. The facility provides US dollar liquidity for Nomba’s cross-border payments operation in the Democratic Republic of Congo, which settles trade flows between Central Africa and Asia through banking relationships in Hong Kong and Singapore.

Nomba says it is targeting more than US$1bn in monthly cross-border payment volume. Pricing and tenor were not disclosed.

The Meridian Editorial Team

Andrew U. — Editorial Director | Damilare A. — Intelligence Director | Amaka Nwoye — Senior Legal Research Analyst | Salome Mensah — Market Intelligence Analyst | May Ndlovu — Editorial Researcher | K.K. Lawal — Senior Correspondent | The Meridian’s editorial team brings experience across West African legal markets, commercial law, market intelligence and structured research. Our standard is simple: evidence first, independent judgement, and analysis grounded in how legal work happens in practice.

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