What Does Kuda Do?

Total employees775
HeadquartersYaba, Lagos
Founded2019

Kuda, formally Kuda Microfinance Bank, is a full-service, digital-only bank headquartered in Lagos, Nigeria. Launched in 2019, Kuda's mission is to make financial services more accessible, affordable, and rewarding for every African. It offers a suite of services including no-fee bank accounts, savings products, instant loans, and payment solutions through its user-friendly mobile application. Kuda aims to disrupt traditional banking by leveraging technology to provide a seamless and modern banking experience, primarily targeting individuals and small businesses in Nigeria with ambitions for broader African expansion.

Where Is Kuda's Headquarters?

HQ Function

The Lagos headquarters serves as the nerve center for Kuda's Nigerian operations, including product development, engineering, marketing, customer support, and strategic leadership.

Notable Features:

The office is a modern workspace designed to foster collaboration and innovation, reflecting Kuda's identity as a technology-first company. Specific architectural details are not widely publicized.

Work Culture:

Kuda fosters a dynamic, fast-paced, and innovative work environment typical of a fintech startup. The culture emphasizes customer-centricity, technological advancement, agility, and a collaborative approach to solving financial challenges.

HQ Significance:

Locating the headquarters in Yaba, Lagos, places Kuda at the epicenter of Nigeria's technology and financial ecosystem. This allows Kuda to tap into a rich talent pool, stay close to its primary customer base, and engage with the local tech community.

Values Reflected in HQ: The headquarters' location and modern setup reflect Kuda's core values of innovation, accessibility, technology-driven solutions, and a commitment to transforming banking in Africa.

Location:

Kuda's core operations are centered in Nigeria, where it has rapidly grown its customer base. Beyond Nigeria, Kuda has established a strategic presence in London, UK, to spearhead its global ambitions, including talent acquisition and technology development. The company has expressed intentions to expand into other African markets and cater to the African diaspora, reflecting its vision of becoming 'The Money App for Africans' globally. There were also earlier announcements about potential expansion into markets like Pakistan, indicating a broad scope for future growth.

Street Address:

151 Herbert Macaulay Way

City:

Yaba, Lagos

State/Province:

Lagos State

Country:

Nigeria

Where Else Does Kuda Operate Around the World?

London, United Kingdom

Address: Central London (Specific operational office address not publicly detailed beyond registered entity addresses)

To leverage London's status as a global fintech hub, access a diverse international talent pool, facilitate investor relations, and support Kuda's long-term vision of serving Africans worldwide, including the diaspora.

Buying Intent Signals for Kuda

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Kuda? Meet the Executive Team

As of April 2025, Kuda' leadership includes:

Babs Ogundeyi - Co-founder & Group CEO
Musty Mustapha - Co-founder & Group CTO
Ryan Laubscher - Group Chief Operating Officer
Karen O'Brien - Group Chief Financial Officer
Priya Sharma - Group Chief People Officer
Henry Ad Marais - Group Chief Risk Officer

Who's Investing in Kuda?

Kuda has been backed by several prominent investors over the years, including:

Valar Ventures
Target Global
DST Global
Insight Partners
Flourish Ventures
SVB Capital (now part of HSBC Innovation Banking)
Goodwell Investments
Haresh Aswani
Ragnar Meitern

What Leadership Changes Has Kuda Seen Recently?

Hire2
Exits0

Kuda significantly strengthened its Group leadership team in the last 12-15 months with key appointments including a new Group CFO and Group CPO in late 2023, and a Group CRO in early 2023. These hires are aimed at supporting Kuda's growth, operational scale, and international expansion plans. No major high-profile executive departures have been widely reported during this period.

New Appointments:

Karen O'Brien, Karen O'Brien appointed as Group CFO to strengthen financial strategy and operations for Kuda's next growth phase.
Priya Sharma, Priya Sharma joined Kuda as Group CPO, tasked with leading the company's human resources and people operations globally.

What Technology (Tech Stack) Is Used byKuda?

Discover the tools Kuda uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Kuda Email Formats and Examples

Kuda likely utilizes standard professional email address formats for its employees. While the exact internal convention isn't publicly disclosed, common patterns in tech companies involve combinations of first name, last name, and initials.

Commonly used formats include [first_initial][last]@kuda.com (e.g., jdoe@kuda.com) or [first].[last]@kuda.com (e.g., jane.doe@kuda.com).

Format

jdoe@kuda.com or jane.doe@kuda.com

Example

75%

Success rate

What's the Latest News About Kuda?

TechCabalApril 8, 2024

Kuda's Nigerian Unit Posts First Annual Profit in 2023

Kuda Microfinance Bank, the Nigerian entity of the digital challenger bank Kuda, announced its first-ever annual profit of ₦626.7 million (approximately $470,000 at the time) for the fiscal year ending 2023. This marks a significant milestone after four years of operation and previous losses, signaling growing financial stability and market traction in its primary market....more

Finextra / Company AnnouncementNovember 15, 2023

Kuda Strengthens Leadership with New Group CFO and Group CPO Appointments

Kuda announced strategic additions to its executive team with the appointment of Karen O’Brien as Group Chief Financial Officer and Priya Sharma as Group Chief People Officer. These hires are intended to bolster Kuda's leadership as it continues its growth trajectory and international expansion efforts....more

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