30 results
- 28 Jan 2026
Kuda MFB Secures National Microfinance Banking Licence, Sets Stage for Nationwide Growth
Kuda Microfinance Bank (Kuda MFB) has received a license from the Central Bank of Nigeria (CBN) to operate as a National Microfinance Bank, which means that it can now have a physical presence across…
- 7 Jan 2026
Kuda Microfinance Bank Releases 'My Year on Kuda' 2025 Financial Recap
Kuda Microfinance Bank has unveiled the 2025 edition of "My Year on Kuda," its annual recap providing customers with personalised insights into their spending, saving, and money management habits…
- 12 Feb 2024
Kuda Microfinance Bank to Host Six-Hour Live Customer Service Session on Valentine's Day
In a bold move designed to take customer engagement to the next level, Kuda Microfinance Bank has announced plans to host a unique six-hour live customer service session on February 14, 2024 on its…
- 14 Nov 2023
Interswitch System Glitch: Court Orders Freezing of Accounts in 54 Banks
Justice Peter Lifu (JP) of a Federal High Court sitting in Lagos has granted an order freezing some accounts in about 54 financial institutions in the country where alleged funds from Interswitch…
- 15 Jan 2026
Paystack Buys Microfinance Bank, Enters Nigeria Banking Arena
Paystack, the Nigerian fintech company backed by global payments giant Stripe, has made a strategic entry into the regulated banking space in Nigeria with the acquisition of Ladder Microfinance Bank,…
- 26 May 2021
Kuda Bank Surpasses One Million Customer Base
Kuda Technologies, a digital-led bank, recently revealed that its Nigeria subsidiary, Kuda Microfinance Bank – has acquired over one million customers. To mark the milestone, Kuda CEO Babs Ogundeyi…
- 24 Feb 2026
Kuda Bank Teams Up with Lovers & Frnds for Inclusive Valentine’s R&B Bash
Kuda Microfinance Bank partnered with Lovers & Frnds for a Valentine’s edition event on Sunday, February 15, at Space Hub Lekki, Lagos, redefining celebrations around love, friendship, and social…
- 25 May 2026
NIBSS Blames System Glitch for Disappearance of N13.66Bn, Seeks Court Nod for Recovery
Nigeria Inter-Bank Settlement System Plc (NIBSS) has sued 19 commercial and microfinance banks, over N13.66 billion allegedly lost to unauthorized transfers following a major glitch on its payment…
- 11 Apr 2025
Senate Committee Partners with Kuda Bank to Tackle Compliance Crisis as Nigeria Loses ₦3.4 Trillion
Over ₦3.4 trillion in financial infractions were uncovered across federal Ministries, Departments, and Agencies (MDAs) in 2021, according to the Auditor General’s report — a staggering figure that…
- 18 Mar 2026
Kuda MFB Increases Kuda for Her Business Grants to ₦10 Million
Kuda Microfinance Bank (Kuda MFB) has increased total grants on offer in the Kuda For Her Pitch Challenge to ₦10 million after receiving an overwhelming number of pitches from women entrepreneurs in…
- 27 Jan 2021
Ignore Rumours, We’re not Shutting Down’ – Kuda
Kuda Microfinance Bank has assured customers that it has no plan of shutting down, contrary to rumours making the rounds that effect. There had been rumours on social media that the mobile bank which…
- 5 Dec 2021
Kuda Passes 2 Million Customer Milestone
Kuda Microfinance Bank recently announced that it has passed the two-million customer milestone, just six months after the bank signed up its one-millionth customer. Kuda has been on a consistent…
- 26 Jan 2026
CBN Upgrades Licences of Opay, Moniepoint, Kuda, Palmpay, Paga to National Status
Central Bank of Nigeria (CBN) has approved the upgrade of operating licences for major FinTech companies and Microfinance Banks (MFBs), including Opay, Moniepoint MFB, Kuda Bank, Palmpay and Paga, to…
- 25 Aug 2024
#EndBadGovernance Protest: Court freezes 32 individuals, coys’ bank accounts
A Federal High Court in Abuja has frozen the bank accounts of 32 individuals and companies’ linked to the 10-day #EndBadGovernance Protest organised across the country pending investigation and…
- 25 Nov 2025
Kuda Unveils ‘Get More’ to Redefine Rewards in Nigerian Banking
Kuda has launched its ‘Get more’ campaign, designed to help Nigerians make the switch to rewarding financial services. The campaign is the next phase in Kuda’s evolution, shifting focus from…
- 12 Mar 2026
#IWD2026: Kuda MFB Offers Millions In Grants To Women-Led Food And Hospitality Businesses
As part of its Kuda for Her campaign for this year’s Women’s Month, Kuda Microfinance Bank (MFB) is inviting Lagos-based women entrepreneurs in the food and hospitality sector to pitch their…
- 21 Jan 2024
Kuda Customers React to Revelations of How They Spent Their Money in 2023
Kuda Microfinance Bank’s Spending Report feature has been a highlight of the month for the bank’s customers. The report Launched on January 8, 2024, details how customers spent their money in 2023,…
- 25 Apr 2024
World Earth Day: Kuda Partners with Wecyclers to Clean up Communities in Lagos
In a landmark partnership aimed at promoting sustainable waste management practices, Kuda Microfinance Bank and Wecyclers collaborated to commemorate World Earth Day on April 22, 2024. The…
- 10 Nov 2021
Kuda Partners Visa on Physical, Virtual Cards
In a move aimed at driving its independent payment cards offering, Kuda Technologies, the challenger bank for Africans, has partnered with Visa, the world leader in digital payments, to offer digital…
- 19 Feb 2025
Hewat, Kuda Ex-Employee Sues Firm over Alleged Sex Discrimination
Rosemary Hewat, former group chief people officer (CPO), Kuda Technologies has dragged the company to a UK court over alleged sex discrimination, victimisation and unfair dismissal. Babatunde…
- 24 Jul 2024
Kuda partners with SeerBit for safe and quick cardless payments online
Kuda has partnered with SeerBit, a payment gateway, to give Kuda’s 7 million plus customers a safe and easy option for making cardless payments online. The Nigerian fintech’s retail customers can now…
- 5 Feb 2026
Incentives alone won’t win over Africa’s next billion fintech users — Kuda MFB MD
African fintechs hoping to sign up the continent’s next billion users will need to rethink the industry’s long-running growth playbook, according to Musty Mustapha, Managing Director of Kuda…
- 22 Jul 2025
Kuda Unveils New Wallet for Multiple Currencies
As the first currency supported by the functionality, Kuda launched an update for its app that allows users to send, receive, hold, and convert USD directly. Babs Ogundeyi, MD, Kuda The action comes…
- 5 Nov 2024
How Hackers Manipulated, Stole N622m from Interswitch within Minutes- Police
Justice Yellim Bogoro of the Federal High Court in Lagos has heard how Daniel Ikeoha and Sylvester Ebeta, two alleged hackers, manipulated Interswitch Nigeria Limited’s Payment Gateway switch and…
- 19 Mar 2025
Court Slams Zenith Bank with N30m Damages over Fraudulent Debits in Customer’s Account
Justice Alexander Owoeye of the Federal High Court in Lagos has ordered Zenith Bank Plc to pay Christomax Concept Limited the sum of N30 million as general and aggravated damages for fraudulently and…
- 15 Jan 2026
Paystack Expands Beyond Payments into Banking
Nigerian fintech giant, Paystack has taken its boldest step yet beyond payments, acquiring Ladder Microfinance Bank. The fintech giant has quickly rebranded its new acquisition as Paystack…
- 7 Apr 2024
Musty Mustapha, MD, Kuda MFB Shares Insights on How Nigeria’s Tech Talents Can Upskill Careers in Today’s World
In a bid to address the pressing demand for upskilling in Nigeria’s fintech industry, the Africa Fintech Foundry Ecosystem Roundtable 5.0 gathered industry experts to share insights on how Nigeria’s…
- 19 Apr 2022
Zulum, Sanwo-Olu, Emmanuel, Emerge ‘The Industry Governors of the Year’ as Emefiele, Shobanjo, Onyeali-Ikpe, Odigbo, others Win
The Industry Newspapers, organisers of The Industry Summit/Awards, formerly The Industry Evening Summit, has announced Governor of Borno State, Prof, Babagana Zulum, Governor of Lagos State, Mr.…
- 18 Apr 2022
Emefiele, Malize, to Deliver Papers at the Third Edition of ‘The Industry Summit’
The Governor, Central Bank of Nigeria, (CBN), Mr. Godwin Emefiele and Chief Executive Officer of Financial Institution Training Centre, (FITC), Mrs. Chizor Malize have been scheduled to deliver…
- 17 Jan 2022
Nigeria Startups Raise $2.5Bn in Funding in 5 Years
Startups in Nigeria have raised about $2.5 billion in the last five years, representing aggregate funding, which startups received between 2017 and last year. For instance last year, startups…