Kuda Archives

Kuda sued over gender discrimination, wrongful termination in UK

Kuda doubles revenue to $22mn in 2022, losses continue to mount

Nigeria-focused neobank backed by Target Global, Kuda bank saw its revenue double in 2022, according to the latest audited financial statements filed with U.K. regulators, where the startup is incorporated. The company reported a 190% increase in revenue, reaching $22 million (£17.2 million), up from $7.7 million (£6 million) in 2021, driven by a surge […]

aomenyepdnlimited-com
6th August 2024
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News

Kuda Business hits 100,000 customers milestone

Melvin Onwubuke Kuda Business, a division of Kuda Microfinance Bank, has attained 100,000 customers milestone on its platform, according to The Punch. According to Kuda, more than 100,000 freelancers and micro, small, and medium-sized enterprises in the country are supported by the business management and banking platform. Kuda, in 2022 launched an all-in-one business manager, […]

aomenyepdnlimited-com
11th March 2024
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News Tech

Kuda hits N55.8trn transactions

Nigerian neobank Kuda has done ₦55.8 trillion in transactions since its inception in August 2019, CEO Babs Ogundeyi disclosed in a New Year’s greeting to subscribers. While serving more than seven million clients, the bank, according to Ogundeyi, accomplished this milestone. “We are proud of the headway we made against all odds,” he said. Kuda, […]

aomenyepdnlimited-com
7th January 2024
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Opay, Kuda, others to be taken down from fund transfer channels – Report

Banks in Nigeria have received instructions from the Nigeria Interbank Settlement System Plc to remove all non-deposit-taking financial institutions from their NIP fund transfer channels. Non-deposit-taking financial institutions encompass switching companies, payment solution service providers, and super agents. The NIP fund transfer channels comprise USSD, mobile banking apps, POS, ATMs, […]

oamudipepdnlimited-com
7th December 2023
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China hits EU with new medical device purchase

China urges caution amid rapid advances in assisted-driving

Moody’s downgrades Afreximbank’s credit rating to Baa2

FG, investors plan $60m green overhaul of Onne

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Tag: Kuda

Kuda doubles revenue to $22mn in 2022, losses continue to mount

Kuda Business hits 100,000 customers milestone

Kuda hits N55.8trn transactions

Opay, Kuda, others to be taken down from fund transfer channels – Report

Nigeria’s debt servicing hits 4.1% of GDP in.

China hits EU with new medical device purchase.

Tinubu pledges bold reforms to boost agricultural, livestock.

Elon Musk launches party to challenge US political.

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