Kuda_Bank

Kuda Bank

Kuda Bank

UK financial services company

Kuda, also known as Kuda Technologies, is a fintech company operating in Nigeria and the UK. It was founded by Babs Ogundeyi and Musty Mustapha in 2019.[1][2][3]

Quick Facts Native name, Industry ...

It initially begun as Kudimoney or “the bank of the free”, an online-only savings and lending platform. It has since undergone a few funding rounds to transform into what is now Nigeria’s first neobank.[4]

Kuda was listed as one of the seven WEF African technology startups of 2021.[5]

Kuda is valued at $500 million and has raised over $90 million from investors including Target Global and Valar Ventures.[6]

See also

References

  1. [1]
    "Inside Kuda Bank's playbook for banking every African". TechCabal. 2020-11-13. Retrieved 2021-06-17.
  2. [2]
    Harrison, Polly Jean (2021-04-17). "Top African Challenger Banks Helping the Unbanked Through Mobile Services". The Fintech Times. Retrieved 2021-06-17.
  3. [3]
    "Kuda Bank: Broadening banking access with innovation". Vanguard News. 2022-01-12. Retrieved 2022-02-05.
  4. [4]
    "Kuda Bank Revolutionises Banking for Millennials". Digital Banker Africa. 2020-11-12. Retrieved 2023-11-23.
  5. [5]
    "7 African startups named WEF Technology Pioneers of 2021". Disrupt Africa. 2021-06-16. Retrieved 2021-06-17.
  6. [6]
    Lunden, Ingrid (2 August 2021). "Kuda, the African challenger bank, raises $55M at a $500M valuation". Retrieved 11 April 2022.
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