African neobank Kuda arrives in the UK

Valued at over $500m, Nigerian neobank Kuda is today launching in the UK today as its second market in order to add remittances to its growing list of features.

The fintech is based in London but has only operated in Nigeria since its founding in 2016, where it also secured a banking licence from the Central Bank of Nigeria in 2019 to become the first mobile-only bank in the country.