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Kuda, the challenger bank for Africans, issues free debit cards with no maintenance fees across Nigeria to promote cashless payments

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Kuda, the challenger bank for Africans, issues free debit cards with no maintenance fees across Nigeria to promote cashless payments

We are proud to extend our technical expertise to an exciting challenger bank like Kuda and to collaborate

LAGOS, Nigeria, October 15, 2021 / APO Group / –

In order to develop its independent payment card offering, Kuda Technologies, the challenger bank for Africans, has partnered with Network International (www.Network.ae), the leading facilitator of digital commerce in Africa and the Middle East. East.

Kuda’s proposal of zero fees on cards, account maintenance and wire transfers as well as its conveniently offered low-interest credit offer via smartphones and the web have made it particularly appealing to millennials, and the bank now has more than one million customers in its country of launch. , Nigeria.

As Kuda continues to grow significantly, the shift from a third-party card provider to independent production of Visa-branded physical and virtual cards powered by Network International will give the bank more control over the quality of card services. that it offers while facilitating its mission. make banking services accessible, affordable and rewarding for Africans.

Kuda Technologies CEO Babs Ogundeyi said, “Producing our own cards is a big step in the right direction for Kuda and we believe that the collaboration with Network International, a payment partner with an excellent reputation and solid technical expertise is the best decision to make to achieve this. arrive for us in record time.

Network International has been at the forefront of driving digital payments in Africa, providing advanced, scalable and cost-effective digital infrastructure and robust security protocols to major banks in the region.

Chinwe Uzoho, Regional Director, West and Central Africa at Network International, said: “We are proud to extend our technical expertise to an exciting challenger bank like Kuda and to collaborate to promote our common goal of increasing the adoption of digital payments in Africa. Network International’s rich experience in payments and knowledge of the African market will support Kuda as he continues to provide a superior digital banking experience on the continent and in the Diaspora.

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