What is NowNow?
NowNow Digital Systems Ltd operates as a licensed financial services provider in Nigeria, offering a comprehensive suite of mobile payment solutions tailored for consumers, agents, and small to medium-sized enterprises (SMEs). The company's flagship product, MyBiz, empowers merchants to accept payments swiftly and securely through various channels, including POS devices, QR codes, and payment links, all without incurring monthly fees. With a user base exceeding 100,000 merchants, NowNow is committed to delivering fast, reliable transactions and fostering a secure financial ecosystem.
How much funding has NowNow raised?
NowNow has raised a total of $13M across 1 funding round:
Angel/Seed
$13M
Angel/Seed (2022): $13M with participation from Shadi Abdulhadi, NeoVision Ventures, and DLF Venture
Key Investors in NowNow
Shadi Abdulhadi
Shadi Abdulhadi is an individual investor participating in the funding round.
NeoVision Ventures
NeoVision Ventures is a venture capital firm that operates within the Venture Capital & Private Equity industry, likely focusing on technology and growth-stage companies.
DLF Venture
DLF Venture is a family-owned investment company that supports consumer-oriented brands and teams, providing strategic backing and long-term partnership to ambitious founders.
What's next for NowNow?
The recent major strategic investment into NowNow signals a pivotal growth phase, likely enabling the company to expand its market reach, enhance its technological infrastructure, and further solidify its position within Nigeria's competitive fintech landscape. This capital infusion is expected to fuel innovation in mobile payment accessibility and merchant services, driving broader adoption of digital financial tools across the SME sector.
See full NowNow company page
