Digital Bank Ranking: Kudimoney ranked among the Top 50 Global Digital Bank

Must Read

List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...

Jumia shuts down in Cameroon

E-commerce company, Jumia Technologies on Monday, November 18 shut down its operations in Cameroon without notice just as it...

These are the 100 best companies to work for in Nigeria

The 2019 edition of the annual Jobberman Best 100 Companies to Work For features Shell in the top spot as the...
- Advertisement -
- Advertisement -

Nigeria’s FinTech Company, Kudimoney reported that it was named among the Top 50 Digital Bank’s list, one of the only 2 African Fintech companies that made the cut. The list was drawn up by Financial IT magazine, a leading publication in global FinTech, Artificial Intelligence, Digital Banking, and Blockchain.

The list, to our surprise, leaves out Wema Bank’s Alat which is also a notable Fintech product from Nigeria. The Magazine did explain that it’s ranking of digital banks is largely subjective.

It claims, “it is based on three criteria:

  1. Media coverage of the digital bank in question
  2. Apparent numbers of employees
  3. An assessment of the overall impact of the digital bank.

They also admitted that they may have inadvertently omitted some banks from the list. However, the Founder and Chief Executive Officer, kudimoney, Babs Ogundeyi, was nevertheless pleased with being included in the list. Kudi Money is an online platform that gives depositors attractive interest rates and uses the deposits to lend money to borrowers at competitive rates. Another, rival Fintech Company Cowry Wise offers a similar product, though using a completely different model.

Read:  Visa Partners with Fintech Community in West Africa to accelerate growth of digital payments

Click here to download the full report

ABOUT KUDIMONEY:

Read:  FG postpones closure of third mainland bridge till August 24th

Kudimoney is an intelligent online savings platform that allows you to set up savings goals and then save money automatically as you want, daily, weekly, or monthly. Kudimoney started as a lending platform, but we realised that more people would save if it was as easy as spending and if they were rewarded for doing so – so we built the most secure way to save and get more because every kudi counts.

 

CULLED FROM: Nairametrics’ Corporate News

- Advertisement -

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

Customers of Gerhard Schubert GmbH print functional end parts with Ultimaker

Gerhard Schubert GmbH offers customers a digital warehouse and Ultimaker 3D printers to produce customized machine parts locally UTRECHT, NETHERLANDS  - Media...

2019 World Sensors Summit Successfully Concluded, and Zhengzhou Became the "Focus" of the Sensor Industry

BEIJING, CHINA - Media OutReach - 21 November 2019 - The 2019 World Sensors Summit concluded at Zhengzhou International Convention Center on November 11, 2019, which was...

Asian Leaders, Top Employers and Top Brands are Crowned Asia’s Best in Class at Influential Brands® 2019 Asia CEO Summit & Award Ceremony

SINGAPORE - Media OutReach - 21 November 2019 - Influential Brands®, a think-tank research and business platform which identifies, engages and recognises "The Champions...

Lee Kuan Yew School of Public Policy (LKYSPP) Launches Inaugural Festival of Ideas 2019

SINGAPORE - Media OutReach - 21 November 2019 - Sri Mulyani Indrawati, Minister of Finance, Republic of Indonesia will speak at the Lee Kuan Yew School of...

More Articles Like This