Nomba YC Application

Winter 2017Active

Nomba went through Y Combinator in the Winter 2017 batch as a Fintech company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch: Winter 2017
Industry: FintechPayments
Team size: 200
Status: Active
Launched: 2016

Founders

Yinka AdewaleFounder/CEO
Pelumi AboluwarinFounder/CTO

What Nomba does

Nomba provides Banking and payment to over 200k+ business in Africa (Nigeria & DRC).

Nomba's YC application, reconstructed

Y Combinator application

Nomba, Winter 2017 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Nomba

Describe what your company does in 50 characters or less.

Banking and payments for businesses in Africa

What is your company going to make? Please describe your product and what it does or will do.

We built a platform that provides banking and payment services tailored to the needs of businesses operating in Nigeria and the Democratic Republic of Congo. Our product allows these businesses to manage payments, collections, and banking transactions in a simple, accessible way that fits local realities. We handle the compliance and infrastructure challenges that usually make this difficult in Africa.

Where do you live now, and where would the company be based after YC?

We live and work in Lagos, Nigeria, and plan to keep the company headquartered here after YC.

Explain your decision regarding location.

Lagos is the commercial hub for African business and fintech innovation where our customers and partners are. Being on the ground here gives us direct access to the unique market dynamics we need to solve and build trust with our users.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

See full application

Frequently Asked Questions

Is this the real Nomba YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Nomba's public data (launch notes, founder backgrounds, product description). It shows how a company like Nomba would present itself to YC, not the text they submitted.