Kuda Bank has reached a new high after it registered 2 million customers just six months after breaking the 1 million user milestone.
Why it matters?
Kuda bank is a fast-rising digital bank which began operations in 2019. The success of Kuda bank can be accredited to its brilliant marketing techniques and the adoption of digital banking during the 2020 pandemic.
In speaking on the achievements of the Bank, Bradley Want, Head of Growth & Analytics said, “Nigerians seem to be more open to skipping the queues and the hassles that come with being at a physical bank. Everyone knows it can be quite uncomfortable.”
He also added that the Bank recently won an award for the “Neobank of the Year.” Kuda bank won this award at the BusinessDay BAFI (Banking and Financial Institutions) Awards.