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Kuda Technologies

Fintech · London, United Kingdom · Founded 2019

Building Africa's best bank with free transfers, free cards, and more MoreLess

Kuda.com is a digital banking platform based in Nigeria that offers a range of financial services to its customers. The company operates primarily through a mobile app, providing a convenient and user-friendly banking experience. Kuda's services include cashless payment options, bill payments, and the ability to purchase gift cards. The company also offers a Visa debit card that can be ordered through the app, with both pickup and delivery options available.

Kuda's target market is the digitally savvy consumer who values convenience and ease of use in their banking experience. The company operates in the financial technology sector, specifically within the digital banking space. Kuda's business model is centered around providing free banking services to its customers, with the promise of never charging for anything without the customer's consent. The company generates revenue through a variety of fees, including card maintenance fees and bill payment fees.

One of Kuda's unique selling points is its savings feature, which allows users to automatically save a percentage of their spending. This feature is designed to help customers grow their savings effortlessly. Additionally, Kuda provides security features such as the ability to block a missing debit card through the app.

In summary, Kuda.com is a digital banking platform that offers a range of free banking services to its customers, with a focus on convenience, savings, and security.

Keywords: Digital Banking, Financial Technology, Mobile App, Free Banking, Visa Debit Card, Cashless Payments, Bill Payments, Savings Feature, Security Features, Nigeria.

Company overview

Kuda Technologies company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2019
Headquarters
London, United Kingdom
Employees
809
Open positions
13
Dealroom signal
82.7
Investment activity
1 companies · latest Jun 2022
Capital deployed
$3M
Preferred round
SEED
client focusb2bclient focusb2ctechnologyMobile appsub industryPaymentssub industryBankingsub industryWealth ManagementindustryFintechsectorChallenger Banksectoruk is8 financial services

Valuation & funding

Kuda Technologies funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Sep 2025 Target Global · Valar Ventures
LATE VCOther financing Dec 2024 $0 Undisclosed
LATE VCOther financing Jul 2024 $15M $500M Undisclosed
SERIES BOther financing Aug 2021 $55M $500M Valar Ventures · Outrun Ventures · Target Global · SBI Investment
SERIES AOther financing Mar 2021 $25M $100M Target Global · Valar Ventures
SEEDOther financing Nov 2020 Oliver Jung
SEEDOther financing Sep 2019 Ragnar Meitern
Showing 7 recorded eventsUnlock the complete deal history →

Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearRevenueGrowthEBITDAMargin
2026 $18M 0% −$2.6M -14.2%
2025 $18M 0% −$2.6M -14.2%
2024 $18M -15.1% −$2.6M -14.2%
2023 $22M +101.1% −$2.6M -12.1%
2022 $11M +4886.1% −$2.6M -24.3%
2021 $216K +589.6% −$2.6M -1210.1%
2020 $31K −$441K -1404.4%
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Kuda Technologies website traffic

Latest recorded traffic for Kuda Technologies is 190K monthly website visits, down 36.7% over the last three months. Kuda Technologies's team grew 22.2% over the past year.

Latest monthly visits190K 3-month web change-36.7% 1-year team growth+22.2%
Monthly website visits47 observations · Jan 2022–Jul 2026
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Comparisons

Kuda Technologies compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Capital deployed

Kuda Technologies investments and acquisitions

Recent portfolio relationships for companies that also act as investors or acquirers.

Talent graph

Kuda Technologies's talent

Book a demo to see the people
Team profiled 26 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

6 investors on Kuda Technologies's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 2 investors entered at this stage
Ragnar Meitern
Oliver Jung
Series A 4 investors entered at this stage
Valar Ventures
Target Global
Outrun Ventures
SBI Investment

Global footprint

Where Kuda Technologies has talent and traffic

Workforce by country
10 countries with
team presence
🇳🇬 Nigeria87.8%
🇬🇧 United Kingdom4.4%
🇿🇦 South Africa3.9%
🇨🇦 Canada1.7%
🇺🇸 United States0.7%
Top 5 of 10 shown

In the news

Latest news about Kuda Technologies

Recent press, funding announcements, and product moves mentioning Kuda Technologies — open to read from the original sources.

See all news

Market sentiment

What the market is saying about Kuda Technologies

An AI-synthesized read of the highest-engagement posts about Kuda Technologies on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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