Kuda

formerly Kuda Bank

The money app for Africans.

London, United Kingdom · Founded 2019 · $146.6M raised

Headquarters
London
Employees
201–500
Founded
2019
Business Model
B2C
Website
kuda.com
Total Funding
$146.6M
Last Round
$55.0M Venture RoundJan 2024
Rounds
5

About

Kuda (Kuda Technologies) is a fintech founded 2019 by Babs Ogundeyi and Musty Mustapha, HQ London with operations in Nigeria, Tanzania, Canada. National CBN license. 7M+ customers, zero-fee banking. Raised $55M at $500M valuation 2021.

Summary

Kuda is a Banking company based in London, United Kingdom, founded in 2019. It has raised $146.6M in total across 5 rounds, most recently a $55.0M Venture Round round in Jan 2024. Investors include Target Partners, Valar Ventures and SBI Investment.

Tech & App Stack

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Funding History

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Venture RoundUndisclosed Equity RoundJan 2024
$55.0M

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Pre-Seed through Venture Round — per-round amounts, valuations, and who invested in each round.

Investors

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