Loans Archives - KACHI OGBONNA
How Kuda Bank Lost Over ₦6 billion in 2021 Alone

How Kuda Microfinance Bank, one of Nigeria’s leading fintech startups, has lost more than ₦6 billion. Kuda MFB, a neobank operating under the Nigerian microfinance bank licence, has been recording losses for the past two years. By the end of the 2021 financial year, the company recorded a loss of ₦6,092,554,866 ($14,214,681). This represents a […]