Nigerian Digital Bank Kuda Upgrades Services for NGOs and Religious Bodies

Kuda, a digital bank in Nigeria, has announced upgrades to its business banking services to better serve non-governmental organizations (NGOs) and religious bodies. The update allows NGOs, charitable organizations, and registered entities to open business accounts online quickly, eliminating the traditional paperwork delays associated with setting up accounts.

Nosa Oyegun, SVP of Business Banking at Kuda, highlighted the importance of removing structural barriers that slow down Nigerian organizations, enabling them to focus on managing funds efficiently. With thousands of registered NGOs and religious organizations in Lagos State alone, the move by Kuda is expected to revolutionize financial management for these entities.