Product Manager, Cross-border Payments

A million African businesses earning more than $1 million in revenue a year. That is the mission.

Africa has 54 countries and almost no bank that works across them. A trader in Lagos who buys in Guangzhou and sells in Kinshasa deals with three currencies, four banks and no credit. The banks that exist were built for governments and the largest corporates. The wallet apps were built for consumers. The businesses in the middle, the ones that employ people, move stock and feed cities, have never had a bank built for them. We are building that bank.

Nomba started in 2016 as Kudi, a chatbot for sending money, and went through Y Combinator. Ten years on, more than 600,000 businesses use our products and more than $70 billion a year moves through them. We run business accounts, overdrafts that repay themselves from the customer’s own sales, cross-border payments across thirty countries, dollar accounts, treasury management. We are licensed in Nigeria, DR Congo, the United States and Canada. We are profitable, and we grow more than 137% a year in revenues.

The next decade is bigger. A full banking license in Nigeria. A dollar bank in Congo. Expansions into Ghana, Cameroon, Zambia, Tanzania and Angola, so that a business can collect, hold, exchange, borrow and pay in any of them from one account. A balance sheet of a $2B dollars built from businesses that leave their money where they work. Africa’s first global business bank, built from Lagos.

This is a place for people who want to build something that did not exist before, in markets most of the world has written off, with customers who will tell you to your face when it does not work. The problems are hard, the pace is fast and the scoreboard is public. If you have ever wanted your work to change what a continent can do, this is where you do it.

About the Role

The Product team shapes the experiences that power Nomba. We turn complex problems into simple, scalable solutions, working with Design, Engineering and Data to build features our customers love.

Many of these businesses buy, sell and pay across borders, and need to move between currencies without delays or surprises. We are looking for a Product Manager who can take responsibility for the roadmap for FX conversion, international transfers and cross-border settlement, including day-to-day operations, delivery and managing risk. From idea to launch and beyond, you will work across teams, keep senior leadership informed, and be the go-to person for cross-border payments at Nomba.

What you will do

• Own the strategy and roadmap for FX conversion, international transfers and cross-border settlement.
• Choose and manage partner banks, payment providers and liquidity providers on coverage, cost and reliability.
• Decide which currencies, conversion pairs, corridors and payment rails to support.
• Work with Finance on rates, spreads, liquidity and settlement.
• Own success rates, FX margin and cost per conversion.
• Build business cases and own pricing and product economics.
• Write clear specs and ship with engineering, design and QA in regular sprints.

What you need

• 2 to 6 years of product management experience, including FX, cross-border payments, remittances or treasury products.
• Working knowledge of conversion, spreads, settlement and liquidity.
• Comfort with APIs and technical trade-offs.
• Experience shipping regulated products with Finance, Risk and Compliance teams.
• Comfort with data and SQL.
• Clear writing and strong working relationships across teams.

Nice to have

• Experience with FX and cross-border payments in Nigeria or other African markets.
• Experience with stablecoin settlement.