INTRODUCING KUDA BANKING APP

Our journey began a couple of years ago with Kudimoney, a dream and some lines of code. Since then we have learnt a lot about the frustrations people have with traditional banks, grown our team and put in work to bring our vision of a different kind of bank to life. Today marks our biggest step yet, and we’re proud to finally introduce Kuda, Nigeria’s first free bank, fully licensed by the Central Bank of Nigeria.

We decided to change our name:

Although we were in love with the name “Kudimoney”, we had to change due to the frequent adoption of the “Kudi” name by other FinTech startups. In hindsight we should not have been surprised it became the name of choice amongst FinTech startups, because in our launch region (Nigeria) Kudi means money. The new direction was a perfect excuse for a name change.

Our idea of banking is one that the customer comes first. We wanted to build a bank that people will love, so it was fitting that we ended up with the name Kuda, which means Love in Shona language.

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