| Date | Title | Description |
| 21.02.2025 | South Africa's Path to Financial Integrity: The Sim Card Dilemma | South Africa stands at a crossroads. The nation is grappling with the implications of being on the Financial Action Task Force’s (FATF) grey list. This status, a mark of shame, signals to the world that South Africa is struggling to combat ... |
| 20.02.2025 | Exclusive: Kuda Bank raised an undisclosed equity round in 2024 | Kuda Bank, a Nigerian neobank, raised an undisclosed equity round in 2024, securing additional capital after its operational costs spiked losses and led to a decline in cash reserves. In 2023, Kuda’s revenue grew to $32 million, while its u... |
| 29.11.2024 | Smile ID Releases Nigeria’s First Ever eKYC Report, Hits 200M Identity Verification Checks | The UN’s Sustainable Development Goal 16 envisions universal legal identity by 2030 as part of its mandate for inclusive societies and accountable institutions. This goal is particularly crucial in Africa, where identity documents serve as ... |
| 03.09.2024 | Mastercard and Smile ID collaborate to accelerate merchant onboarding in Africa. | Collaboration to streamline and digitise the merchant onboarding process, enabling acquiring partners to automatically onboard merchants in over 50 African countries in three minutes or less.
Mastercard has teamed up with Smile ID, a leadin... |
| 16.08.2024 | Fez Delivery is the official delivery partner at NBC African Fair London 2024 | Fez Delivery, a global leader in last-mile delivery solutions, is thrilled to announce its official sponsorship of the Naija Brand Chick (NBC) African Fair London 2024. As the event’s exclusive delivery partner, Fez Delivery will provide se... |
| 29.06.2024 | 🚀Entering Tech #68: Who’s to blame for “oga-driven” development? | Here’s how to step up your game as a product manager.
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| 19.06.2024 | NIBSS downtimes: Is Nigeria’s fintech sector built on a house of cards? | Last week, Nigeria’s financial technology (fintech) sector faced a significant setback when the Nigeria Inter-Bank Settlement System (NIBSS) experienced a three-day downtime. This critical infrastructure disruption led to delays and failure... |
| 17.05.2024 | Africa's Tech Future - Daniel Oyeduntan Leads the Charge | Daniel Oyeduntan, a seasoned professional with about a decade of experience in data science and machine learning, is capturing the attention of the technology industry across EMEA.
Commencing his career as a Data Analyst at Linkage Assuranc... |
| 16.01.2024 | African neobank Kuda raised $20M at flat valuation in 2023, missed user milestone projection by 3M | Earlier this month, Kuda co-founder and CEO Babs Ogundeyi told users that the Nigerian online challenger bank had reached almost ₦56 trillion (~$60 billion) in transaction value since its 2019 launch.
Ogundeyi also said that Kuda had achiev... |
| 25.10.2021 | Kuda, the African challenger bank, raises $55M at a $500M valuation | Kuda Bank, the London-based, Nigerian-operating startup that is taking on incumbents in the country with a mobile-first, personalised and often cheaper set of banking services built on newer, API-based infrastructure, has been on a growth t... |
| 25.10.2021 | Perspectives on early stage venture capital in Africa | In 2020, tech startups in Africa raised over $1.5 billion in 400+ funding rounds, with a further $1 billion in M&A activity. Although the amount of capital deployed was down -30% compared to 2019, due to ticket sizes being slashed as Af... |
| 11.08.2021 | Perspectives on early stage venture capital in Africa | In 2020, tech startups in Africa raised over $1.5 billion in 400+ funding rounds, with a further $1 billion in M&A activity. Although the amount of capital deployed was down -30% compared to 2019, due to ticket sizes being slashed as Af... |
| 07.08.2021 | Kuda, the African challenger bank, raises $55M at a $500M valuation | Kuda Bank, the London-based, Nigerian-operating startup that is taking on incumbents in the country with a mobile-first, personalised and often cheaper set of banking services built on newer, API-based infrastructure, has been on a growth t... |
| 04.08.2021 | At $500 million valuation, Kuda Bank becomes Nigeria’s 7th most valuable bank | --> -->
Nairametrics recently reported that Kuda Bank raised $55 million in a Series B round at a valuation of $500 million. This comes just a few months after raising a $25 million Series A round. The current $500 million valuation p... |
| 03.08.2021 | Kuda Bank hits $500M valuation with Series B | Kuda Bank has raised a $55 million Series B at a valuation of $500 million, TechCrunch reported. Valar Ventures and Target Global reportedly led the funding, with participation from SBI and several angel investors. Based in London, Kuda off... |
| 02.08.2021 | African challenger bank Kuda raises $55M Series B | Kuda, a London-based mobile-first banking service which operates in Nigeria, announced raising a $55 million Series B co-led by existing investors Valar Ventures and Target Global, according to TechCrunch.
The company says it will use the f... |
| 02.08.2021 | Kuda Bank closes $55 million Series B round led by Paypal backers | Nigerian fintech startup, Kuda Bank, has raised $55 million in a Series B round at a valuation of $500 million. This comes after a recent Series A of $25 million announced by the company just a little over four months ago.
The latest round ... |
| 02.08.2021 | Nigerian fintech, Kuda Bank closes $55 million Series B to expand into other African countries | Share this article:
Self-styled, “Bank of the Free,” Nigerian fintech startup, Kuda Bank has raised $55 million in Series B funding as it looks to expand into other African countries. It also plans to launch new product offerings for its Ni... |
| 02.08.2021 | Kuda, the African challenger bank, raises $55M at a $500M valuation | Kuda Bank, the London-based, Nigerian-operating startup that is taking on incumbents in the country with a mobile-first, personalised and often cheaper set of banking services built on newer, API-based infrastructure, has been on a growth t... |
| 02.08.2021 | Kuda, the African challenger bank, raises $55M at a $500M valuation | Kuda Bank, the London-based, Nigerian-operating startup that is taking on incumbents in the country with a mobile-first, personalised and often cheaper set of banking services built on newer, API-based infrastructure, has been on a growth t... |
| 02.08.2021 | Kuda, a Nigerian digital bank, has raised USD55 million in a Series B funding round at a valuation of USD500 million | Kuda Bank, a Nigerian startup based in London that operates in the United Kingdom, has raised USD55 million in a Series B funding round.
The funding was raised at a value of USD500 million.
In addition to Valar Ventures and Target Global, t... |
| 02.08.2021 | Nigerian fintech, Kuda Bank closes $55 million Series B to expand into other African countries | After a $25 million Series A raise in March 2021, Nigerian fintech, @kudabank has closed a $55 million Series B at a $500 million valuation. With this, the startup hopes to expand into other African countries. |
| 02.07.2021 | Africa’s fintech sector grows and matures as investments skyrocket | Share this:
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| 22.03.2021 | Nigerian challenger Kuda Bank raises $25m in Series A funding | Nigerian challenger bank, Kuda, has raised $25 million in Series A funding in a round led by Valar Ventures.
Kuda Bank built its core banking system in-house
The round is the first time the Peter Thiel-backed VC has invested in an African s... |
| 19.03.2021 | Nigerian no-fee digital bank Kuda secures US $ 25 million in Series A | Kuda, a Yaba (Nigeria) based digital bank announced on 18th March 2021 that it has raised US $ 25 million in its Series A funding round. The round was led by Valar Ventures along with participation from existing investor Target Global. |
| 19.03.2021 | Nigerian tech startup Kuda secures $25-million | Kuda, a digital bank that operates in Nigeria has secured $25-million in a Series A funding round led by Valar Ventures, a New York-based venture capital firm.
Kuda has secured $25-million in funding
This Series A round of funding include... |
| 19.03.2021 | Nigerian tech startup Kuda secures $25-million | Kuda, a digital bank that operates in Nigeria has secured $25-million in a Series A funding round led by Valar Ventures, a New York-based venture capital firm.
Kuda has secured $25-million in funding
This Series A round of funding included ... |
| 18.03.2021 | Nigerian digital bank, Kuda, secures $25m Series A, four months after raising $10m seed | Nigerian digital bank, Kuda, has raised $25m Series A led by US based VC firm, Valar Ventures. The round comes just four months after a record-breaking $10m seed round, taking its total funding to $36.6m in less than two years |
| 18.03.2021 | Nigerian digital bank, Kuda, secures $25m Series A, four months after raising $10m seed | Share this article:
Nigerian-based digital bank, Kuda, has announced a $25m Series A, led by Valar Ventures, a US-based venture capital firm. Target Global and other unnamed investors participated in the round.
Founded as Kudimoney in 2016 ... |
| 13.11.2020 | Nigerian Full Service Digital Only Bank Kuda Secures $10 Million Through Latest Investment Round Led By European Venture Capital Group Target Global | Kuda, a Nigeria-based digital-only banking startup, announced earlier this week it secured $10 million through its latest investment round, which was led by European venture capital Target Global, with participation from Entrée Capital and ... |
| 12.11.2020 | Nigerian challenger bank Kuda raises $10m in seed funding | Nigeria challenger bank Kuda has raised $10 million in a seed funding round led by Target Global.
Kuda Bank built its core system in-house
The round, tipped as the largest of its kind in Africa, saw participation from SBI Investment and Ent... |
| 10.11.2020 | After raising $1.6m pre-seed last year, Nigerian digital bank, Kuda bags a $10m seed investment | Last year, Nigerian-based mobile challenger bank, Kuda, raised an impressive pre-seed round of $1.6m. Now armed with $10m in seed funding, Kuda wants to become Africa's premier digital challenger bank. |
| 10.11.2020 | Nigeria’s Kuda raises $10M to be the mobile-first challenger bank for Africa | The African continent is currently one of the fastest-growing regions when it comes to mobile growth, and financial technology companies that are building services to meet that rapidly-expanding market are getting a lot of attention.
In the... |
| 10.11.2020 | After raising $1.6m pre-seed last year, Nigerian digital bank, Kuda bags a $10m seed investment | Share this article:
Nigerian-based digital bank, Kuda just announced that it has raised $10 million in seed investment.
Founded in 2016 by Babs Ogundeyi and Mustapha Musty (pictured left to right above) as Kudimoney, the startup launched as... |
| 16.09.2020 | For digital banks, growth may mean thinking small | “Fully digital banks like Kuda, Alat, Rubies and Vbank might claim to be solving this need but they are not reaching the unbanked. Rather they are providing alternative options for the already banked.”
On September 9, 2020, Technext, a Nige... |
| 06.04.2020 | Covid-19 and African tech startups roundup [06/04/2020] | Correction (6 April 2020): We incorrectly had it that Kuda had raised $1-million for its Covid-19 fund. The amount is actually in naira. Sorry. We got ahead ourselves.
Kuda, a digital bank that operates in Nigeria, has raised almost 1-mill... |
| 06.04.2020 | Covid-19 and African tech startups roundup [06/04/2020] | Correction (6 April 2020): We incorrectly had it that Kuda had raised $1-million for its Covid-19 fund. The amount is actually in naira. Sorry. We got ahead ourselves.
Kuda, a digital bank that operates in Nigeria, has raised almost 1-milli... |
| 24.12.2019 | Are these the 10 biggest deals by African tech startups in 2019? | Big money. That’s what African 86 tech startups raised this year.
While not every startup wanted to disclose how much they raised, those that did made a ton of it — almost $290-million going on data from 88 venture capital (VC) disclosed d... |
| 24.12.2019 | Are these the 10 biggest deals by African tech startups in 2019? | Big money. That’s what African 86 tech startups raised this year.
While not every startup wanted to disclose how much they raised, those that did made a ton of it — almost $290-million going on data from 88 venture capital (VC) disclosed de... |
| 16.09.2019 | Digital Nigerian bank Kuda raises $1.6m in pre-seed funding | Nigerian fintech start-up Kuda has raised $1.6 million in pre-seed funding following its recent beta launch as a digital bank.
The round saw participation from Startupbootcamp (the AfriTech accelerator programme that Kuda joined last year),... |
| 12.09.2019 | Nigerian digital bank, Kuda, raises $1.6 Million pre-seed funding in readiness to exit beta | When it launched in 2016, fintech startup KUDImoney, offered small loans of up to US$5,000 to individuals and small businesses, repayable over a period of up to 12 months. A year later, it had incorporated a savings service into its platfor... |
| 12.09.2019 | Nigerian digital bank startup, Kuda, secures $1.6 million pre-seed funding | Share this article:
Online digital bank startup, Kuda, yesterday raised $1.6 million in a pre-seed round from angel investors Haresh Aswani, Ragnar Meitern, amongst others.
Formerly known as Kudimoney, Kuda launched in 2016 as a lending pla... |
| 12.09.2019 | Nigerian digital bank startup, Kuda, secures $1.6 million pre-seed funding | Online digital bank startup, Kuda, yesterday raised $1.6 million in a pre-seed round from angel investors Haresh Aswani and Ragnar Meitern, amongst other investors. |
| 11.09.2019 | Nigeria-based Digital-only Bank Kuda secures $1.6 Million | Kuda a digital-only bank based in Nigeria has secured a $1.6 million in pre-seed funding. Kuda intends to use the funds to launch live in the fourth quarter of 2019 from its beta stage. It also intends to develop the tech of its banking pla... |
| 11.09.2019 | Nigerian digital bank Kuda raises $1.6m in pre-seed round | Kuda, a digital bank that operates in Nigeria, has closed a $1.6-million in a pre-seed round.
The startup, which was founded last year by Babs Ogundeyi and Musty Mustapha (picture above, left and right), was formely known as Kudimoney and w... |
| 11.09.2019 | Nigerian digital bank Kuda raises $1.6m in pre-seed round | Kuda, a digital bank that operates in Nigeria, has closed a $1.6-million in a pre-seed round.
The startup, which was founded last year by Babs Ogundeyi and Musty Mustapha (picture above, left and right), was formely known as Kudimoney and ... |
| 11.09.2019 | Top tech startup news for today, Wednesday, September 11, 2019 | Good morning! Below are some of the top tech startup news for today, Wednesday, September 11, 2019.
Dutchie, “a Shopify for cannabis dispensaries startup,” lands $15 million in funding. Dutchie, a Bend, Oregon-based cannabis dispensary sta... |
| 10.09.2019 | Nigerian online-only bank startup Kuda raises $1.6M | Nigerian fintech startup Kuda — a digital-only retail bank — has raised $1.6 million in pre-seed funding.
The Lagos and London-based company recently launched the beta version of its online mobile finance platform. Kuda also received its ba... |
| - | Nigeria-based Digital-only Bank Kuda secures $1.6 Million | Kuda a digital-only bank based in Nigeria has secured a $1.6 million in pre-seed funding. Kuda intends to use the funds to launch live in the fourth quarter of 2019 from its beta stage. It also intends to develop the tech of its banking pla... |
| - | Kuda, a Nigerian digital bank, has raised USD55 million in a Series B funding round at a valuation of USD500 million | Kuda Bank, a Nigerian startup based in London that operates in the United Kingdom, has raised USD55 million in a Series B funding round.
The funding was raised at a value of USD500 million.
In addition to Valar Ventures and Target Global, t... |
