Kuda
Digital-only retail bank
Location: Nigeria
Website: https://kudabank.com/
Sector: Fintech
Funding Stage: Pre-Seed, Seed, Series A, Series B,
Total Funding ($m): 91.6
# of Founders: 2
Founding Year: 2017
Funding Year: 2020
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2019 | $1.6m | Pre-Seed | Haresh Aswani, Ragnar Meitern |
| 2020 | $10m | Seed | Target Global, Entrée Capital, SBI Investment, Launch Africa, Century Oak Capital and angel investors |
| 2021 | $25m | Series A | Valar Ventures, Target Global |
| 2021 | $55m | Series B | Valar Ventures, Target Global, SBI Investment |
Pre-Seed $1.6m
Haresh Aswani, Ragnar MeiternSeed $10m
Target Global, Entrée Capital, SBI Investment, Launch Africa, Century Oak Capital and angel investorsSeries A $25m
Valar Ventures, Target GlobalSeries B $55m
Valar Ventures, Target Global, SBI InvestmentNews
https://techcrunch.com/2021/08/02/kuda-the-african-challenger-bank-raises-55m-at-a-500m-valuation/