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Kuda Bank

Lagos, NG · 8 known investors

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Kuda is a digital banking service offering personal and business accounts with money transfers, savings, investments, cards, bill payments, and credit products like overdrafts and loans. For businesses it provides payroll, expense accounts, a payments API, invoicing, and POS collection tools, serving customers in Nigeria and the United Kingdom.

ConsumerEnterprise SoftwareFintech

Founders & leadership

BOBabs Ogundeyi
Babs OgundeyiFounderFounder at Kuda
MM
Musty MustaphaFounder

Investors · 8

HAVAIClisted by HAVAICCape Town

How we know: the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

ODBAlisted by ODBALondon

How we know: ODBA's portfolio page · Not right? Tell us

Outrun Ventureslisted by Outrun VenturesLondon

How we know: Outrun Ventures's portfolio page · Not right? Tell us

Rainmakinglisted by RainmakingLondon

How we know: Rainmaking's portfolio page · Not right? Tell us

Target Globallisted by Target GlobalBerlin

How we know: Target Global's portfolio page · funding news · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Valar Ventures Llclisted by Valar Ventures LlcSan Francisco · $100K – $5M

How we know: Valar Ventures Llc's portfolio page · funding news · Not right? Tell us

Launch Africa VenturesreportedTrianon · $10K – $300K

How we know: launchafrica.vc · Not right? Tell us

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 5

moelisMastercard operates a global payments network that processes transactions between cardholders, merchants, financial institutions, and other participants, while also offering additional payment products and services subject to extensive regulatory oversight across multiple jurisdictions.
Tango CardTango provides a digital-first rewards and incentives platform that enables businesses to send gift cards, prepaid cards, and charitable donations to customers and employees. The platform integrates modern workflows and supports payment distribution across multiple countries and currencies.
TremendousTremendous operates a platform that enables organizations to issue payouts in the form of money, prepaid cards, and gift cards to recipients globally. The service is used by businesses, nonprofits, researchers, and marketers to automate reward and incentive distribution across 200+ regions.
StripeStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
JetloreJetlore was a Palo Alto AI startup that turned unstructured retail product data into structured attributes so merchants could personalise what each shopper saw. Founded by Stanford researchers, it raised from Sierra Ventures, Alsop Louie Partners, Fenox Venture Capital, BRM Capital and Mercury Fund, and PayPal acquired it in 2018.

Companies working in the same space as Kuda Bank.

In the news

Kuda, the African challenger bank, raises $55M at a $500M valuation | TechCrunchtechcrunch.com · Aug 2021

Frequently asked questions

What does Kuda Bank do?
Kuda is a digital banking service offering personal and business accounts with money transfers, savings, investments, cards, bill payments, and credit products like overdrafts and loans. For businesses it provides payroll, expense accounts, a payments API, invoicing, and POS collection tools, serving customers in Nigeria and the United Kingdom.
Who founded Kuda Bank?
Kuda Bank was founded by Babs Ogundeyi.
Who are Kuda Bank's investors?
Kuda Bank's investors include Entrée Capital, HAVAIC, ODBA, Outrun Ventures, Rainmaking, Target Global, Valar Ventures Llc, Launch Africa Ventures.
Where is Kuda Bank headquartered?
Kuda Bank is headquartered in Lagos, NG.