The Nigerian money app Kuda, announced Wednesday (Nov. 9) that it is launching in the U.K. as part of a global expansion drive with a view to serving the cross-border transfer needs of U.K.-based Nigerians. The company said it will charge a flat fee of...
In today’s top payments news around the world, Indonesian FinTech LinkAja closed a Series B funding round headed up by Grab, while Nigeria-based Kuda landed $10 million after a funding round. Plus, Canadian payment services company Interac is collaborating with Walmart Canada to expand debit...
Nigeria-based Kuda, which operates its own mobile-first challenger bank, now has $10 million after a funding round in what TechCrunch reported is the biggest seed round ever raised in Africa. The round was led by European venture capital firm Target Global, while Entrée Capital and...
In an effort to expand access to financial institutions (FIs), the Central Bank of Nigeria is planning to license more payment providers, Bloomberg reported on Saturday (Nov. 30). The goal is to improve Nigeria’s financial inclusion rate by 20 percent, bringing it to 80 percent...
November 09, 2022
The Nigerian money app Kuda, announced Wednesday (Nov. 9) that it is launching in the U.K. as part of a global expansion drive with a view to serving the cross-border transfer needs of U.K.-based Nigerians. The company said it will charge a flat fee of £3 per transfer to a limit of £10,000. Kuda compares […]
November 10, 2020
Nigeria-based Kuda, which operates its own mobile-first challenger bank, now has $10 million after a funding round in what TechCrunch reported is the biggest seed round ever raised in Africa....
December 01, 2019
In an effort to expand access to financial institutions (FIs), the Central Bank of Nigeria is planning to license more payment providers, Bloomberg reported on Saturday (Nov. 30). The goal...
September 11, 2019
Kuda, Nigeria’s first digital-only bank with a standalone license, has raised $1.6 million in pre-seed funding led by Haresh Aswani, as reported on Wednesday (Sept. 11). Ragnar Meitern and other...
