Grace Ashiru
Nomba has introduced its Global Payout API, according to a company announcement dated March 20, 2026.
According to Nomba, cross-border payment businesses in Nigeria face operational challenges including liquidity management, foreign exchange sourcing, and regulatory compliance across multiple jurisdictions.
The company stated that operators often source foreign currencies through over-the-counter markets while transactions are in progress, creating liquidity strain as capital is tied up on both collection and payout sides.
Payment businesses must comply with frameworks including oversight from the Central Bank of Nigeria, as well as international regimes such as the UK’s Financial Conduct Authority, Europe’s SEPA and GDPR systems, and Canada’s Financial Transactions and Reports Analysis Centre of Canada, according to the company.
The Global Payout API provides virtual accounts for fund collection and enables instant currency conversion within the same transaction flow, according to the company’s description.
The platform integrates stablecoin funding options including USDT and USDC, according to the announcement.
Compliance requirements are embedded within the infrastructure, according to the company.
According to the company, Nomba positions the solution as a response to structural challenges of cross-border payments in Nigeria, aiming to simplify operations, improve capital efficiency, and support the expansion of digital financial services.
