Our Story

In the middle of 2016, after another frustrating banking experience, Yinka called his friend Pelumi (now co-founders of Kudi), just to ponder on some questions;

How can financial services be accessible to everyone regardless of their age, class or locale?

Yinka

What is the easiest way to make transactions without visiting a physical structure?

Pelumi

Can we have a banking experience that is seamless in Africa?

The answers to these questions brought about Kudi.

The first line of code was written that same year. Kudi has grown from just a chatbot that responds to your financial requests. We are a financial technology company providing financial services for all Africans.We created a chatbot to help you send money and pay bills, but we didn’t stop there. We realised that many people can’t access financial services across Nigeria and we wanted to help. We dug further to the real problem and decided to create Kudi app for Agents.At Kudi, we are still asking those questions and working round the clock to answer them.We hope that regardless of the transaction you are trying to perform, whether you’re stranded in the urban city setting or chilling with friends and want to pay bills or you reside in an extremely remote part of the continent in need of a banking experience, know that we see you and we’re building for you. We are today making financial services accessible and affordable particularly to the banked, underbanked and unbanked. We won’t stop asking the questions, and also continue to answer them.We’re working to change the banking experience for all of us.

Workspace

Our Journey

Let’s go down memory lane

2016
July
The first line of code was written
November
Got into YCombinator (YC)
December
Kudi.ai was in beta testing
Banner
2017
January
Kudi.ai fully launched to the public
April
Raised our seed round from KV/VP/4DX
January
Hit 1 million Naira in monthly transaction value
July
Hit 100 million Naira in monthly transaction value
October
Built our Agent App
2018
March
Hit 1 billion Naira in monthly transaction value
Banner
2019
March
Raised our Series A
Hit 1 Billion Naira a day in transaction value
To Be Continued...