Kuda, formerly known as Kudimoney, is a full service digital only bank and is the only digital bank in Nigeria that is fully licensed by the Central Bank of Nigeria. It runs predominantly on smartphones and offers saving services with up to 15% interest per year, short term overdrafts as well as spending and money management services via its app with no card or account maintenance fees. Apart from the checking accounts with no monthly-fees, it also offers a free debit card and free withdrawal fees at its partner banks.Kuda also plans to offer consumer savings and P2P payments options on its platform.
|Month/Year||Amount||Round Type||Investors||Lead Investor|
|September 2019||$1.6 M||Pre-Series A||Haresh Aswani, Ragnar Meitern||Haresh Aswani|
|July 2018||$17.5 K||Acceleration/Incubation||Startupbootcamp AfriTech||Startupbootcamp AfriTech|
|No acquisition found related to Kuda|