How much funding has Kuda Bank raised?

Kuda Bank has raised $91.6M in total funding, most recently a Series B round.

Where is Kuda Bank headquartered?

Kuda Bank is headquartered in Lagos, Nigeria.

How many employees does Kuda Bank have?

Kuda Bank has 501-1000 employees.

Kuda Bank

Q: Who are Kuda Bank's investors?

Kuda Bank's investors include Target Partners, Valar Ventures, SBI Investment.

The Money App for Africans

Lagos, Nigeria · Founded 2019 · $91.6M raised

Fintech

Headquarters: Lagos
Employees: 501–1000
Founded: 2019
Business Model: B2C

Website: kudabank.com
Total Funding: $91.6M
Last Round: $55.0M Series BAug 2021
Rounds: 4

About

Kuda is a full-service digital-only bank built for Africans, offering free banking with no maintenance fees, 25 free transfers per month to Nigerian banks, instant savings, debit cards, and instant loans up to ₦150,000. Founded in 2019 by Babs Ogundeyi and Musty Mustapha and licensed by the Central Bank of Nigeria, Kuda launched its app in August 2019 with a mission to make financial services more accessible, affordable, and rewarding for every African on the planet. The company is headquartered in Lagos and has expanded its footprint to serve the broader African diaspora.

Summary

Kuda Bank is a Fintech company based in Lagos, Nigeria, founded in 2019. It has raised $91.6M in total across 4 rounds, most recently a $55.0M Series B round in Aug 2021. Investors include Target Partners, Valar Ventures and SBI Investment.