When was Kuda founded?

Kuda was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Kuda located?

Kuda is headquartered in Lagos, Nigeria.

How many employees does Kuda have?

As of Sep 30, 2026, the latest employee count at Kuda is 820.

Is Kuda a funded company?

Kuda is a funded company, having raised a total of $91.6M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 10, 2019.

How much is Kuda worth?

The latest valuation of Kuda is $***** as of Aug 02, 2021.

When was the latest funding round of Kuda?

Kuda's latest funding was a $***** Series B round on Aug 02, 2021, with participation from 3 investors.

Where does Kuda rank among its competitors?

Kuda ranks 7th amongst 137 active competitors, of which 21 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Monzo, which secured an undisclosed amount in Mar, 2025.

Who are the top competitors of Kuda?

Kuda's top competitors include Monzo, Revolut and Starling Bank. Among them, Monzo secured the most recent funding round in March, 2025.

Kuda - 2026 Company Profile, Funding & Competitors

Company Details

Provider of a digital bank for individuals. Its services include savings accounts, NFC-enabled prepaid cards, bill payments, and online and offline transactions. It also offers smart budgeting for expenditure monitoring, automated savings with yearly interests, and the option to freeze and unfreeze debit cards by using the application. Its application is available on Android and IOS platforms.

Website: kuda.com
Social

Key Metrics

Founded Year

2017

Location

Lagos, Nigeria

Stage

Series B

Total Funding

$91.6M in 4 rounds

Latest Funding Round

Series B, Aug 02, 2021, $*****

Post Money Valuation

$***** as on Aug 02, 2021

Investors

Valar Ventures & 20 more

Ranked

7^th among 137 active competitors

Employee Count

820 as on Sep 30, 2026

Similar Companies

N26 & 249 more

View Kuda's full profile

Kuda has raised a total funding of $91.6M over 4 rounds. Its first funding round was on Sep 10, 2019. Its latest funding round was a Series B round on Aug 02, 2021 for $*****. 3 investors participated in its latest round. Kuda has 12 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of Kuda:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 02, 2021	4148329	Series B	9324887	1172733	1096366	3625987
Mar 18, 2021	1072811	Series A	7533020	7296704	7633291	Target Global
Nov 10, 2020	5273439	Seed	5822866	1690108	Target Global	Entree Capital & 7 more

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View details of Kuda's funding rounds and investors

Kuda's employee count trend

Kuda has 820 employees as of Sep 26. Here is Kuda's employee count trend over the years:

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Top competitors of Kuda include Monzo, Revolut and Starling Bank. Here is the list of Top 10 competitors of Kuda, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Monzo 2015, United Kingdom, Series I	Provider of digital banking services including savings accounts and loans	$2.41B	Passion Capital, General Catalyst & 65 others	84/100
2nd	Revolut 2015, London (United Kingdom), Series E	Provider of banking solutions for retail customers and businesses	$1.99B	Balderton Capital, TSG Consumer Partners ... & 149 others	82/100
3rd	Starling Bank 2014, London (United Kingdom), Series D	Provider of digital banking services including savings and payment accounts	$1.01B	Merian Global Investors, Goldman Sachs & 35 others	82/100
4th	Atom bank 2014, Blyth (United Kingdom), Series F	Provider of digital savings accounts mortgages and commercial business loans	$852M	BBVA, Toscafund Asset Management & 18 others	80/100
5th	Bunq 2012, Amsterdam (Netherlands), Series A	Provider of the digital bank for individuals and businesses	$373M	Pollen Street Group, Sanisidro & 1 others	72/100
6th	Zopa 2005, London (United Kingdom), Series H	Digital bank offering accounts, loans, credit cards, savings, finance.	$968M	Bessemer Venture Partners, Northzone & 34 others	72/100
7th	Kuda 2017, Lagos (Nigeria), Series B	Provider of a digital bank for individuals	$91.6M	Valar Ventures, Sofemi Group & 19 others	73/100
8th	Virgin Money 1995, Newcastle Upon Tyne (United Kingdom), Acquired	Chains providing banking services including current accounts savings and mortgages	$152M	Invesco, BCR & 1 others	72/100
9th	TymeBank 2012, Johannesburg (South Africa), Acquired	Provider of the digital bank for individuals	$13.3M	Ethos Private Equity, Apis Partners & 5 others	70/100
10th	FairMoney 2017, Ikeja (Nigeria), Series B	Provider of a digital microfinance bank for individuals	$57M	DST Global, Tiger Global Management & 9 others	69/100