Kuda Microfinance Bank 100,000 clients

A press release from Kuda recently mentioned that the enterprise administration and banking platform was offering help to more than 100,000 freelancers and micro, small, and medium-scale enterprises in the nation.

Kuda Enterprise, an all-in-one enterprise supervisor for freelancers and SMEs, was launched in 2022. It sends estimates and invoices, makes bulk transfers, and pays enterprise payments on one platform.

Commenting on the milestone, the Vice President of Product Innovation Technique at Kuda, Nosa Oyegun, said, “Reaching the milestone of 100,000 clients is a testimony to the worth we convey to small companies and freelancers.

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“Our mission has always been to empower companies with the financial instruments they need to thrive in today’s aggressive market. We perceive the significance of agility, effectiveness, and accessibility, which is why we have now developed a platform that simplifies banking processes and puts management back into the hands of entrepreneurs.”

In line with the Senior Product Supervisor at Kuda, Okoronkwo Kanno, companies want to enter intuitive and environment-friendly banking platforms like Kuda Enterprise in an increasingly digital world.

He is famous for saying, “Our platform empowers entrepreneurs to give attention to what they do finest – working for their companies – without being burdened by outdated banking practices. We’re dedicated to repeatedly enhancing our choices and increasing our attain to help many more companies on their journey to success.”

Since its launch, Kuda Enterprise has rolled out distinctive options like Gross sales Mode, Kuda Payroll, and enterprise registration on the Kuda Enterprise cellular app in addition to a softPOS function that helps companies obtain contactless funds on their smartphones wherever they’re.

 Current knowledge from the Worldwide Labour Organisation revealed that MSMEs contribute 48 per cent of Nigeria’s GDP and employ 84 percent of Nigeria’s jobholders.