kuda

The Digest: Nigerian digital bank Kuda has laid off hundreds of employees across multiple departments as part of a company-wide restructuring aimed at repositioning for its next phase of growth. Affected staff were notified during a video call with senior executives, with sources indicating...

The Digest: The Central Bank of Nigeria (CBN) has upgraded the operating licenses of major fintech firms Moniepoint, OPay, and Kuda from microfinance to national microfinance bank status. According to reports from financial outlets, the announcement was made by CBN Director Yemi Solaja at a...