Kuda

Active#6 in Nigeria

Consumer neobank

Fintech›consumer neobank

Founded2019

HQLagos

RaisedUSD >92M

Last round2024

Country of originNigeriaListed in the Nigeria ranking

Where would you invest?HQ London (UK); Kuda Microfinance Bank in NigeriaJurisdiction as cited by the ranking

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
Nigeria · all sectors	Top 15	#6	Edition 0 – beta · October 2026	8 Oct 2026
Consumer neobanks · worldwide	Radar	—	Edition 0 (beta) · Sep 2026	1 Jan 2027

Rank historyOct 2026 · #6First edition: no movements yet.

Estimated valuation

AI · Nigeria ranking

≈ USD 280MUSD 190–430M · Hundreds of M$ Medium confidence

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Anchor: Last known equity round: Series B · USD 55M · Aug 2021
Published valuation: USD 500M · Aug 2021 · older than 24 months, shown for reference
AI adjustment: None

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Funding history

USD >92M raised in total

Date	Round	Amount	Type	Investors	Source
2024	—	Undisclosed round	—	—	techpoint.africa
Aug 2021	—	USD 55M	Equity	—	—

Last disclosed: Series B · USD 55M · Aug 2021 (Valar Ventures).

Rounds as cited by Uback’s rankings and their sources. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of Kuda as a PDF, on one of three angles only:

ValuationWhat is Kuda worth?

Versus competitorsIs #6 the right rank?

Who should acquire itStrategic buyers, and why

Publish an analysisName, role and LinkedIn shown · public sources only

Analyses are the opinion of their authors, not of Uback. They are checked before publication and never change the rank.

Invest

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Nigeria poolBelow threshold

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What the AI reads

Press & investor announcements1 source

Read by the AI at the next edition.

Comparable companies in Nigeria

Full Nigeria ranking →

Flutterwave#1Fintech › payment gateway and cross-border paymentsUnicorn OPay#2Fintech › mobile money and walletUnicorn Moniepoint#3Fintech › SME and agent bankingUnicorn Interswitch#4Fintech › payment switching and cardsHundreds of M$

Sources. techpoint.africa

Last updated: Oct 2026Report an error

Uback is a content publisher. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.