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In Nigeria, traditional banks charge you fees for checking your own balance. We charge nothing. That's why 7 million people switched.
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We built Kuda for young Nigerians who grew up with smartphones but never had a good banking experience. 60% of Nigeria is under 25. That's our market.
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Peter Thiel's fund led our Series B. A PayPal founder backing a Nigerian digital bank sent a signal to the entire tech world: Africa is real.
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We knew what modern banking looked like from N26 and Monzo. We couldn't believe Nigerian banks were still this far behind. So we built what should've existed already.
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Free transfers in Nigeria are revolutionary. When sending money to your mother costs fees at every step, free feels like a superpower.