Archives Tag: Neobank
Sparkle: A Neobank That Improves Financial Lifestyles
April 19, 2022
Nigerians have always had a love-hate relationship with their banks as a result of inefficient service deliveries, serial downtimes, bad loans, and experiences. This has made many people distrust banking services. Neobanks have cashed in on these challenges to realise that opportunities abound for their existence. Currently, they are now competing for the attention of banked but … Continue reading Sparkle: A Neobank That Improves Financial Lifestyles
4 Steps On How To Start And Grow A Neobank
April 19, 2022
According to Wikipedia, a neobank is a type of direct bank that operates exclusively online without traditional physical branch networks. The term “challenger bank” was first used in the UK to refer to several FinTech banking startups that emerged in the wake of the 2007–2009 financial crisis. There are mainly four neobanks in Nigeria. They … Continue reading 4 Steps On How To Start And Grow A Neobank
Kuda Bank Hits $500 Million Valuation In Records Time, Becomes 7th Richest Bank In Nigeria
April 19, 2022
4 Strategic Lessons Neobanks and FinTechs Can Learn Sometime in August of 2021, Kuda Bank, one of Nigeria’s leading fintech companies, announced it has closed a $55 million Series B funding co-led by Valar ventures and Target Global. This boosted their valuation to $500 million, making it the 7th largest bank by valuation in … Continue reading Kuda Bank Hits $500 Million Valuation In Records Time, Becomes 7th Richest Bank In Nigeria
