About
A digital bank in Nigeria that focuses on providing microfinance services and has recently upgraded to a national banking license.
News published about Kuda Microfinance Bank

Are African tech startups shifting from blitzscaling to strategic acquisitions?
Techpoint Africa - Feb 25, 2026
Blitzscaling defined African tech in the 2010s, but capital scarcity has forced a reset. Acquisition activity is rising while late-stage mega-rounds are thinning out.

Kuda MFB to expand experience centres after national licence upgrade
TechCabal - Jan 29, 2026
Kuda Microfinance Bank received a national banking license from the Central Bank of Nigeria. The new license allows Kuda to expand its physical footprint beyond its previous geographic restrictions.

How Deimos bootstrapped to $20 million in yearly revenue in 6 years
Techpoint Africa - Jun 13, 2024
Deimos increased its revenue from $1.3 million in 2019 to $15.2 million in 2022. The CEO, Andrew Mori, believes profit and cash flow are more important than revenue.
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