Funding Round · Neobank · 2021

Kuda Bank Series A funding round

Kuda Bank raised $25M Series A led by Valar Ventures on January 1, 2021.

Primary
Kuda Bank
Counterparty
Valar Ventures
Amount
$25M
Structure
Series A
Date
January 1, 2021
Sub-sector
Neobank

Kuda Bank raised $25M Series A to expand digital banking services in Nigeria and scale user acquisition to 1.4M registered users.

Primary company
Kuda Bank
Counterparty
Valar Ventures
Amount
$25M
Event date
January 1, 2021
Sub-sector
Neobank
HQ
Not disclosed
Structure
Series A
Source published
December 15, 2021
Publisher
The Guardian Nigeria

Source: guardian.ng