Kudimoney makes top 50 in global digital banks’ list

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Kudimoney.com , a leading Nigerian
FinTech company has been selected in
the 2017 Financial Information
Technology top 50 digital Banks list .The
list is compiled by Financial IT
magazine , a leading voice in global
FinTech , AI , Digital Banking and
Blockchain.
Financial IT recognises the top 50 global
pioneers at the intersection of
technology and digital banking services
by publishing a report highlighting the
who is who in the global digital banking
industry with a brief introduction of all
the companies on the list.
Kudimoney is the only Nigerian
company, and one of two African
companies to make the list .FinTech
companies are non- traditional financial
institutions that are using technology to
disrupt the financial sector . They are
actively developing new technologies to
push for the transformation of the
financial services industry and are
proactively exploring and adopting
advanced technologies (blockchain ,
machine learning ) to increase efficiency
in financial services . The selection
criteria included an assessment of the
overall impact of the digital bank .
Founder and Chief Executive Officer ,
Kudimoney, Babs Ogundeyi said : “ We
are delighted to be recognized as a
leading pioneer in digital banking ” .
“ At Kudimoney we are committed to
developing a digital platform that
ultimately makes banking easier and
more affordable for Nigerians and
Africans . By running a more efficient
system , we are able to offer customers
more value for their money , via higher
interest rates on savings and deposits
and lower interest rates on loans , all
with an effortless banking experience. ”
Kudimoney, recently launched its online
only automatic savings product – a
savings account that allows you to
automatically save little (or large )
amounts of money on a periodic basis .
“ By Mid 2018, Kudimoney will be a full
service online only bank , offering
spending accounts , savings accounts ,
transfers and bill payments , as well as
loans , all at a significantly better value
than traditional players” . Ogundeyi
added.

Source: mosyloaded

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