Kuda
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Kuda

https://www.kudabank.com/
Last activity: 17.05.2024
Active
Categories: AfricaTechAppFinTechMobileService
Kuda is a full service digital only bank with a banking license. Kuda is designed for your smartphone, free of ridiculous charges and great at helping you budget, spend smartly and save more.
Website visits
6.6K /mo.
Mentions
43
Location: United Kingdom, England, London
Employees: 51-200
Total raised: $166.6M
Valuation: $500M
Founded date: 2019

Investors 5

Funding Rounds 6

DateSeriesAmountInvestors
16.01.2024-$20M-
25.10.2021-$55M-
07.08.2021Series B$55M-
22.03.2021Series A$25M-
13.11.2020Seed$10MTarget Glo...
16.09.2019Pre-Seed$1.6M-

Mentions in press and media 43

DateTitleDescription
17.05.2024Africa's Tech Future - Daniel Oyeduntan Leads the ChargeDaniel 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...
16.01.2024African neobank Kuda raised $20M at flat valuation in 2023, missed user milestone projection by 3MEarlier 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...
25.10.2021Kuda, the African challenger bank, raises $55M at a $500M valuationKuda 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...
25.10.2021Perspectives on early stage venture capital in AfricaIn 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...
11.08.2021Perspectives on early stage venture capital in AfricaIn 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...
07.08.2021Kuda, the African challenger bank, raises $55M at a $500M valuationKuda 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...
04.08.2021At $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...
03.08.2021Kuda Bank hits $500M valuation with Series BKuda 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...
02.08.2021Kuda Bank closes $55 million Series B round led by Paypal backersNigerian 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 ...
02.08.2021Nigerian fintech, Kuda Bank closes $55 million Series B to expand into other African countriesAfter 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.
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