{"id":4212,"date":"2022-11-16T11:50:35","date_gmt":"2022-11-16T11:50:35","guid":{"rendered":"https:\/\/gospeedhub.com\/?p=4212"},"modified":"2022-11-17T16:18:11","modified_gmt":"2022-11-17T16:18:11","slug":"kuda-uk","status":"publish","type":"post","link":"https:\/\/gospeedhub.com\/blogs\/kuda-uk\/","title":{"rendered":"Kuda Launches In The UK"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Amidst rumors of Kuda shutting down its services in Nigeria, the Nigerian FinTech giant, founded in 2019, is expanding its financial services beyond the borders of Nigeria and Africa.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The FinTech company aims to provide easy direct debits and local transfer services to Nigerians in the diaspora. Kuda&#8217;s direct debit and transfer services is supported by UK-based third-party financial services provider,&nbsp;<strong>Modulr.&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Kuda&#8217;s service expansion outside Nigeria is structured to save UK-based Nigerians the extra transfer charges outside the country. According to World Bank Remittance Prices Worldwide, high remittance costs on large inter-currency transfers constitute 8% and 3% short of the Sustainable Development Goal target.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By starting Kuda in the UK, the digital financial company seeks to provide seamless and affordable financial services to Africans in the diaspora at a much lesser charge. It is estimated that more than \u00a33 billion is transferred from the UK to Nigeria annually; Nigerians would now spend less in transfers as UK-based subsidiary \u2013 Kuda EMI Limited will charge a flat fee of \u00a33 only with a transfer limit of \u00a310,000.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Babs Ogundeyi, Kuda&#8217;s co-founder, stated,&nbsp;<em>&#8220;Africans in the UK are faced with barrier after barrier when it comes to financial services \u2013 from challenges setting up accounts to prohibitive and inconsistent fees on meaningful transfers.&#8221;<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Kuda plans to expand the services to Ghana, Uganda, and other African countries. Kuda has recorded success in raising $90 million from investors and is envisioned to increase its cap value.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While there was no report on investigating the cause or reason for the shutdown rumor, the management debunked the story promising a continual delivery of quality digital financial services from time to time.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As an alternative channel of digital financial services is made available internationally, one can be sure of quality transfer services, but what effect will it have on the economy and the financial market?&nbsp;<\/p>\n\n\n\n<p class=\"has-small-font-size wp-block-paragraph\">Join the conversation; follow us on&nbsp;&nbsp;<a href=\"https:\/\/www.facebook.com\/gospeedhub\" target=\"_blank\" rel=\"noreferrer noopener\">Facebook<\/a>,&nbsp;<a href=\"https:\/\/www.instagram.com\/gospeedhub\/\" target=\"_blank\" rel=\"noreferrer noopener\">Instagram<\/a>, and&nbsp;<a href=\"https:\/\/twitter.com\/gospeedhub\" target=\"_blank\" rel=\"noreferrer noopener\">Twitter<\/a>&nbsp;at GoSpeedHub.<\/p>\n\n\n\n<p class=\"has-small-font-size wp-block-paragraph\">Image Source &#8211; GoSpeedHub<\/p>\n","protected":false},"excerpt":{"rendered":"Amidst rumors of Kuda shutting down its services in Nigeria, the Nigerian FinTech giant, founded in 2019, is&hellip;\n","protected":false},"author":8,"featured_media":4214,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_1331110278889566212_1331110278889566212":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","csco_singular_sidebar":"","csco_page_header_type":"","csco_appearance_grid":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":""},"categories":[10,11,6],"tags":[100,682,1215,672,681,674,676,1214,186,678,138],"class_list":["post-4212","post","type-post","status-publish","format-standard","has-post-thumbnail","category-banking","category-fintech","category-tech-news","tag-finance","tag-financialfreedom","tag-financialservices","tag-fintech","tag-flutterwave","tag-kuda","tag-kudabank","tag-modulr","tag-nigeria","tag-paystack","tag-unitedkingdom","cs-entry","cs-video-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kuda Launches In The UK - GoSpeed Hub<\/title>\n<meta name=\"description\" content=\"Nigerians would now spend less in transfers, as Kuda EMI Limited will charge a flat fee of \u00a33 only with a transfer limit of \u00a310,000.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kuda Launches In The UK - GoSpeed Hub\" \/>\n<meta property=\"og:description\" content=\"Nigerians would now spend less in transfers, as Kuda EMI Limited will charge a flat fee of \u00a33 only with a transfer limit of \u00a310,000.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gospeedhub.com\/blogs\/kuda-uk\/\" \/>\n<meta property=\"og:site_name\" content=\"GoSpeed Hub\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/gospeedhub\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-16T11:50:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-17T16:18:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gospeedhub.com\/blogs\/wp-content\/uploads\/2022\/11\/kuda.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1748\" \/>\n\t<meta property=\"og:image:height\" content=\"1240\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"TimCollins\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@GoSpeedHub\" \/>\n<meta name=\"twitter:site\" content=\"@GoSpeedHub\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"TimCollins\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/kuda-uk\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/kuda-uk\\\/\"},\"author\":{\"name\":\"TimCollins\",\"@id\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/#\\\/schema\\\/person\\\/4efcd5d06c6d4d731acac36c8a824b31\"},\"headline\":\"Kuda Launches In The UK\",\"datePublished\":\"2022-11-16T11:50:35+00:00\",\"dateModified\":\"2022-11-17T16:18:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/kuda-uk\\\/\"},\"wordCount\":338,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/kuda-uk\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/kuda.png\",\"keywords\":[\"finance\",\"financialfreedom\",\"Financialservices\",\"Fintech\",\"Flutterwave\",\"Kuda\",\"Kudabank\",\"Modulr\",\"Nigeria\",\"Paystack\",\"UnitedKingdom\"],\"articleSection\":[\"BANKING\",\"FINTECH\",\"TECH NEWS\"],\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/kuda-uk\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/kuda-uk\\\/\",\"url\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/kuda-uk\\\/\",\"name\":\"Kuda Launches In The UK - GoSpeed Hub\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/kuda-uk\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/kuda-uk\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/kuda.png\",\"datePublished\":\"2022-11-16T11:50:35+00:00\",\"dateModified\":\"2022-11-17T16:18:11+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/#\\\/schema\\\/person\\\/4efcd5d06c6d4d731acac36c8a824b31\"},\"description\":\"Nigerians would now spend less in transfers, as Kuda EMI Limited will charge a flat fee of \u00a33 only with a transfer limit of \u00a310,000.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/kuda-uk\\\/#breadcrumb\"},\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/kuda-uk\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/kuda-uk\\\/#primaryimage\",\"url\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/kuda.png\",\"contentUrl\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/kuda.png\",\"width\":1748,\"height\":1240},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/kuda-uk\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Kuda Launches In The UK\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/#website\",\"url\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/\",\"name\":\"GoSpeed Hub\",\"description\":\"Tech Hub | Collaboration | Incubator | Funding | Mentoring | Training\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/#\\\/schema\\\/person\\\/4efcd5d06c6d4d731acac36c8a824b31\",\"name\":\"TimCollins\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50aef3f7b4088a21724f61200d494148d6d1b81cd8f173df2043b42c4b74524f?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50aef3f7b4088a21724f61200d494148d6d1b81cd8f173df2043b42c4b74524f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50aef3f7b4088a21724f61200d494148d6d1b81cd8f173df2043b42c4b74524f?s=96&d=mm&r=g\",\"caption\":\"TimCollins\"},\"url\":\"https:\\\/\\\/gospeedhub.com\\\/blogs\\\/author\\\/collins\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Kuda Launches In The UK - GoSpeed Hub","description":"Nigerians would now spend less in transfers, as Kuda EMI Limited will charge a flat fee of \u00a33 only with a transfer limit of \u00a310,000.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Kuda Launches In The UK - GoSpeed Hub","og_description":"Nigerians would now spend less in transfers, as Kuda EMI Limited will charge a flat fee of \u00a33 only with a transfer limit of \u00a310,000.","og_url":"https:\/\/gospeedhub.com\/blogs\/kuda-uk\/","og_site_name":"GoSpeed Hub","article_publisher":"https:\/\/www.facebook.com\/gospeedhub","article_published_time":"2022-11-16T11:50:35+00:00","article_modified_time":"2022-11-17T16:18:11+00:00","og_image":[{"width":1748,"height":1240,"url":"https:\/\/gospeedhub.com\/blogs\/wp-content\/uploads\/2022\/11\/kuda.png","type":"image\/png"}],"author":"TimCollins","twitter_card":"summary_large_image","twitter_creator":"@GoSpeedHub","twitter_site":"@GoSpeedHub","twitter_misc":{"Written by":"TimCollins"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/gospeedhub.com\/blogs\/kuda-uk\/#article","isPartOf":{"@id":"https:\/\/gospeedhub.com\/blogs\/kuda-uk\/"},"author":{"name":"TimCollins","@id":"https:\/\/gospeedhub.com\/blogs\/#\/schema\/person\/4efcd5d06c6d4d731acac36c8a824b31"},"headline":"Kuda Launches In The UK","datePublished":"2022-11-16T11:50:35+00:00","dateModified":"2022-11-17T16:18:11+00:00","mainEntityOfPage":{"@id":"https:\/\/gospeedhub.com\/blogs\/kuda-uk\/"},"wordCount":338,"commentCount":0,"image":{"@id":"https:\/\/gospeedhub.com\/blogs\/kuda-uk\/#primaryimage"},"thumbnailUrl":"https:\/\/gospeedhub.com\/blogs\/wp-content\/uploads\/2022\/11\/kuda.png","keywords":["finance","financialfreedom","Financialservices","Fintech","Flutterwave","Kuda","Kudabank","Modulr","Nigeria","Paystack","UnitedKingdom"],"articleSection":["BANKING","FINTECH","TECH NEWS"],"inLanguage":"en","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/gospeedhub.com\/blogs\/kuda-uk\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/gospeedhub.com\/blogs\/kuda-uk\/","url":"https:\/\/gospeedhub.com\/blogs\/kuda-uk\/","name":"Kuda Launches In The UK - GoSpeed Hub","isPartOf":{"@id":"https:\/\/gospeedhub.com\/blogs\/#website"},"primaryImageOfPage":{"@id":"https:\/\/gospeedhub.com\/blogs\/kuda-uk\/#primaryimage"},"image":{"@id":"https:\/\/gospeedhub.com\/blogs\/kuda-uk\/#primaryimage"},"thumbnailUrl":"https:\/\/gospeedhub.com\/blogs\/wp-content\/uploads\/2022\/11\/kuda.png","datePublished":"2022-11-16T11:50:35+00:00","dateModified":"2022-11-17T16:18:11+00:00","author":{"@id":"https:\/\/gospeedhub.com\/blogs\/#\/schema\/person\/4efcd5d06c6d4d731acac36c8a824b31"},"description":"Nigerians would now spend less in transfers, as Kuda EMI Limited will charge a flat fee of \u00a33 only with a transfer limit of \u00a310,000.","breadcrumb":{"@id":"https:\/\/gospeedhub.com\/blogs\/kuda-uk\/#breadcrumb"},"inLanguage":"en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/gospeedhub.com\/blogs\/kuda-uk\/"]}]},{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/gospeedhub.com\/blogs\/kuda-uk\/#primaryimage","url":"https:\/\/gospeedhub.com\/blogs\/wp-content\/uploads\/2022\/11\/kuda.png","contentUrl":"https:\/\/gospeedhub.com\/blogs\/wp-content\/uploads\/2022\/11\/kuda.png","width":1748,"height":1240},{"@type":"BreadcrumbList","@id":"https:\/\/gospeedhub.com\/blogs\/kuda-uk\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/gospeedhub.com\/blogs\/"},{"@type":"ListItem","position":2,"name":"Kuda Launches In The UK"}]},{"@type":"WebSite","@id":"https:\/\/gospeedhub.com\/blogs\/#website","url":"https:\/\/gospeedhub.com\/blogs\/","name":"GoSpeed Hub","description":"Tech Hub | Collaboration | Incubator | Funding | Mentoring | Training","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gospeedhub.com\/blogs\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en"},{"@type":"Person","@id":"https:\/\/gospeedhub.com\/blogs\/#\/schema\/person\/4efcd5d06c6d4d731acac36c8a824b31","name":"TimCollins","image":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/secure.gravatar.com\/avatar\/50aef3f7b4088a21724f61200d494148d6d1b81cd8f173df2043b42c4b74524f?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/50aef3f7b4088a21724f61200d494148d6d1b81cd8f173df2043b42c4b74524f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/50aef3f7b4088a21724f61200d494148d6d1b81cd8f173df2043b42c4b74524f?s=96&d=mm&r=g","caption":"TimCollins"},"url":"https:\/\/gospeedhub.com\/blogs\/author\/collins\/"}]}},"_links":{"self":[{"href":"https:\/\/gospeedhub.com\/blogs\/wp-json\/wp\/v2\/posts\/4212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gospeedhub.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gospeedhub.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gospeedhub.com\/blogs\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/gospeedhub.com\/blogs\/wp-json\/wp\/v2\/comments?post=4212"}],"version-history":[{"count":2,"href":"https:\/\/gospeedhub.com\/blogs\/wp-json\/wp\/v2\/posts\/4212\/revisions"}],"predecessor-version":[{"id":4232,"href":"https:\/\/gospeedhub.com\/blogs\/wp-json\/wp\/v2\/posts\/4212\/revisions\/4232"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gospeedhub.com\/blogs\/wp-json\/wp\/v2\/media\/4214"}],"wp:attachment":[{"href":"https:\/\/gospeedhub.com\/blogs\/wp-json\/wp\/v2\/media?parent=4212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gospeedhub.com\/blogs\/wp-json\/wp\/v2\/categories?post=4212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gospeedhub.com\/blogs\/wp-json\/wp\/v2\/tags?post=4212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}