Explore About Kuda & Its Products
Kuda is a digital-only bank that provides hassle-free banking services through a mobile app. It aims to offer a seamless and convenient banking experience to its customers.
Kuda was launched in 2019.
It was founded in Lagos, Nigeria.
The founders of Kuda are Babs Ogundeyi and Musty Mustapha.
Brands Similar to Kuda
Alat is another digital-only bank in Nigeria that offers similar banking services through their mobile app. It provides features like savings, bill payments, and loans.
Rubies Bank is a digital-only bank that focuses on providing personalized banking services to its customers. It offers features like multiple savings plans and virtual debit cards.
V Bank is a digital banking platform in Nigeria that offers easy and secure banking services through their mobile app. It provides features like account opening, payments, and savings.
Top Trending & High Rated Products of Kuda
Kuda Current Account
Kuda offers a current account with zero maintenance fees, free transfers, and a debit card for seamless transactions. Customers can manage their finances easily through the mobile app.
Kuda Savings Account
Kuda also provides savings accounts with attractive interest rates for customers to grow their savings. It offers features like automated savings and expense tracking.
Kuda Loans
Kuda offers personal loans to eligible customers through their app. The loan application process is quick and hassle-free, and customers can receive loan disbursements within minutes.
Common Questions Asked by Customers About Kuda & Its Products
How does Kuda work?
Kuda works through a mobile app that allows customers to open a bank account, manage their finances, make payments, and access banking services from their smartphones.
Is Kuda a licensed bank?
Yes, Kuda is a licensed bank by the Central Bank of Nigeria (CBN) and operates under its regulations and supervision.
What fees does Kuda charge?
Kuda does not charge maintenance fees for its current account. However, there may be charges for certain services like card replacement or international transfers, which are clearly outlined in their fee schedule.
Is my money safe with Kuda?
Yes, your money is safe with Kuda. As a licensed bank, customer deposits in Kuda are insured by the Nigeria Deposit Insurance Corporation (NDIC) up to a certain limit.
Can I use Kuda outside of Nigeria?
Yes, you can use your Kuda account and card for transactions outside of Nigeria. However, there may be foreign exchange fees or charges for international transactions.