Kuda Technologies Ltd is a Central Bank-licensed microfinance bank founded in 2019. The company operates a fully digital banking platform delivered through a mobile app, providing services such as zero maintenance fees, free transfers, automatic savings tools, smart budgeting features, instant loans, bill payments, debit cards, and investment products.
The company's stated mission is to make banking more accessible and affordable by eliminating unnecessary fees and providing transparent, user-friendly financial tools. This approach was born from a frustration with excessive bank charges and inconsistent services in traditional banking.
Kuda has raised over $90 million in funding and has expanded its operations beyond Nigeria to include the United Kingdom and South Africa. Its technical work focuses on mobile app development, digital banking, and financial technology.
