Funding Tracker                 


Kuda

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Digital-only retail bank


Location: Nigeria
Website: https://kudabank.com/
Sector: Fintech
Funding Stage: Pre-Seed Seed Series A Series B
Total Funding ($m): $91.6M
# of Founders: 2
Founding Year: 2017
Funding Year: 2021
Status: Active
YearAmountStageInvestors
2019$1.6mPre-SeedHaresh Aswani, Ragnar Meitern
2020$10mSeedTarget Global, Entr�e Capital, SBI Investment, Launch Africa, Century Oak Capital and angel investors
2021$25mSeries AValar Ventures, Target Global
2021$55mSeries BValar Ventures, Target Global, SBI Investment
Babs Ogundeyi, Musty Mustapha, ,
Pre-Seed $1.6m

Haresh Aswani, Ragnar Meitern



Seed $10m

Target Global, Entr�e Capital, SBI Investment, Launch Africa, Century Oak Capital and angel investors



Series A $25m

Valar Ventures, Target Global



Series B $55m

Valar Ventures, Target Global, SBI Investment





News
https://techcrunch.com/2021/08/02/kuda-the-african-challenger-bank-raises-55m-at-a-500m-valuation/