Introduction
Kobo is a robust B2B ledger and reconciliation engine built on top of the Nomba platform. It provides a standardized layer for managing virtual accounts, reconciling payments, and tracking user state across various financial applications.
You have users
In any financial application, users need a way to store value, track balances, and move money. With Kobo, these are called Identities. An identity can represent a student paying fees, a vendor receiving payouts, or a customer making a purchase.
You connect them to accounts
Once you create an identity, Kobo automatically provisions a dedicated Virtual Account through Nomba. This account acts as the unique payment destination for that identity. Every transfer into this account is inherently attributed to the correct user.
We reconcile the ledger
Kobo's core responsibility is to ensure that money movement matches reality. The built-in Reconciliation Engine automatically processes incoming webhooks, validates signatures, matches transactions against virtual accounts, and updates the immutable ledger.
Handle exceptions seamlessly
Sometimes money gets sent to the wrong account, or webhooks arrive out of order. Kobo flags these as Exceptions and holds them securely until you resolve them via the API.