Wednesday, June 19, 2024

Africa-focused challenger bank Kuda passes 1 Million Android downloads

Kuda Technologies, the digital-led challenger bank for Africa, recently revealed that its Android app has been downloaded over 1 million times.

The London-headquartered startup, which launched in Nigeria in 2019 and operates under a microfinance banking licence from the Central Bank of Nigeria, has witnessed significant growth since the beginning of the COVID-19 pandemic having firmly positioned itself as a safe alternative to brick-and-mortar banks at a time when social distancing rules have made visiting banking halls a challenging experience.

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