Kuda

At Kuda, we are on a mission to revolutionize banking for Africans worldwide. Founded in 2019 by Babs Ogundeyi and Musty Mustapha, Kuda began as Kudimoney, an online-only savings and lending platform. Since then, we’ve evolved into Nigeria’s first fully licensed digital bank, committed to making financial services more accessible, affordable, and rewarding for every African.

Our Services

We offer a comprehensive suite of banking services designed to meet the needs of our diverse customer base:

• Open an account in minutes using our mobile app, available on both Android and iOS platforms.
• Enjoy 25 free money transfers to Nigerian banks every month.
• Automate your savings and earn interest; access fractional shares for global investments.
• Utilize a free debit card issued in partnership with Visa for both online and offline transactions.
• Send money from the UK to Nigeria at competitive rates.

Our Growth

• Over 2 million customers as of December 2021.
• Processed USD 2.2 billion in transactions in February 2021 alone.
• Raised significant venture capital, including a $55 million Series B round in August 2021, valuing the company at $500 million.

Our Vision

We envision a future where every African has access to seamless, transparent, and efficient financial services. By leveraging technology, we aim to eliminate the barriers to financial inclusion and empower individuals to take control of their financial destinies.