Kuda, a digital-only bank licensed by the Central Bank of Nigeria, started out in 2016 as Kudimoney (“the bank of the free”) – an online-only savings and lending platform, and had gone through a couple of funding rounds before transitioning into Nigeria’s first actual...
Nigeria’s first mobile-only bank licensed by the central bank of Nigeria, Kuda Bank announced it has secured a $55 million Series B funding round at a valuation of $500 million.
According to a blog post by TechCrunch, the London-based, Nigerian-operating startup closed a Series B...
Fintech is the ecosystem where businesses and financial institutions use technology to enhance financial services and increase access to finance in the market. It has been major booster for growth in the Nigeria financial sector. Technology has taken over, services rendered by banks are...