Tag
KUDA
Nigerian fintech apps have crossed the 10 million download threshold on the Google Play Store, with one, Opay, surpassing 50 million downloads, as of May 2025.
Kuda Technologies, one of Africa’s fastest-growing digital banks, is under scrutiny following allegations of workplace discrimination, harassment, and wrongful dismissal brought by its former Group Chief People Officer (CPO), Rosemary Hewat.
Nigeria’s fintech industry has emerged as a beacon of innovation and growth, not just in Africa but globally.
Nigerian neobank, Kuda, recorded a net loss of $32 million in 2022 according to its latest financial report filed in the UK.
American news and business channel, CNBC, has recognized seven African companies in its World’s Top Fintech Companies 2024 report, highlighting them among the 250 leading fintech firms globally.
Nigerian fintech company, Carbon, has shut down its debit card operations in Nigeria two years after its launch.
The Central Bank of Nigeria (CBN) has lifted its ban on OPay, Moniepoint, Kuda, Palmpay, and Paga, clearing the way for the fintechs to resume onboarding new customers.
A growing number of Nigerian residents are raising concerns following clampdown on crypto assets via the financial industry.
A tech expert and the Lead Software Engineer at Kuda, Abdulazeez Imran, has said that the current multiple challenges facing Nigeria are creating huge opportunities for tech talents in the country.
These 10 digital banks are among the top licensed microfinance banks bridging the financial inclusion gap in Nigeria.
Nairametrics took a look at the ratings of these apps on the Google Play Store by users who have been using them.
In recent times, fintech startups have raised the bar, offering customers easier, faster, and cheaper financial services.