Kuda Bank
OperatingKuda Bank is designed for your smartphone, free of ridiculous charges and great at helping you budget, spend smartly and save more.
- Banking
- Lagos, Nigeria
- Funding (round undisclosed)
- Founded 2018
- kuda.com ↗
- Total raised
- $112M
- disclosed
- Last round
- $20M
- Funding (round undisclosed) · Jul 2025
- Rounds
- 6
- since 2018
- Employees
- 11-51
About Kuda Bank
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.
Kuda Bank presentation
Watch on YouTube ↗Kuda Bank funding6 rounds
All 6 rounds →Kuda Bank has raised $112M across 6 rounds. The latest is a $20M Funding (round undisclosed) announced 08 Jul 2025.
- $55MSeries BSeries B, $55M, $55M raised to date
- $20MFunding (round undisclosed)Funding (round undisclosed), $20M, $75M raised to date
SLA Funding Index · grey is capital raised before each round
Who has invested in Kuda Bank
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 08 Jul 2025 | Kuda Bank Funding (round undisclosed)08 Jul 2025 | Not disclosed | $20M |
| 02 Aug 2021 | Kuda Bank Series B02 Aug 2021 Led by Target Global +2 | $55M |
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Kuda Bank founders & team
- Babs OgundeyiCEO
- Norah IkohLead, Customer Operations and Client
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Frequently asked about Kuda Bank
- Where is Kuda Bank based and when was it founded?
- Kuda Bank is headquartered in Lagos, Nigeria and was founded in 2018.
- Who is the CEO of Kuda Bank?
- Babs Ogundeyi is Kuda Bank's CEO.
- How much funding has Kuda Bank raised?
- Kuda Bank has raised $112M across 6 funding rounds. Its latest, a $20M Funding (round undisclosed), was announced on 08 Jul 2025.
- Who has invested in Kuda Bank?
- Backers include SBI Investment, Target Global and Valar Ventures.
- What sector is Kuda Bank in?
- Kuda Bank operates in Banking, Financial Services and FinTech.
