Kuda MFB Wins The 2024 ‘Inclusive Financial Product’ Award
Kuda Microfinance Bank’s contributions to Nigerian finance spotlighted at the Central Bank of Nigeria’s Financial Inclusion Awards.
Press Release | Lagos, November 21, 2024
In recognition of its efforts to improve affordable access to financial services in Nigeria since 2019, Kuda Microfinance Bank received the ‘Inclusive Financial Product’ award at the Financial Inclusion Awards 2024, which was held during the Central Bank of Nigeria’s (CBN) International Financial Inclusion Conference from November 12 to 13 at the Landmark Event Centre in Lagos, Nigeria.
The Financial Inclusion Awards, a highlight of The International Financial Inclusion Conference 2024, celebrates exceptional contributions towards achieving the goals outlined in Nigeria’s National Financial Inclusion Strategy 3.0. The awards recognise organisations and individuals across various sectors who are driving meaningful change in broadening access to financial services.
According to the organisers, the Inclusive Financial Product Award recognises financial services providers that have made concerted efforts towards driving financial inclusion in the country. Kuda MFB’s recognition reaffirms its pioneering role in shaping a future where financial services are accessible, affordable, and tailored to the needs of millions of Nigerians.
Over the past five years, Kuda has leveraged its digital-only model to break barriers to financial access by offering lower transaction fees, innovative savings tools, seamless cardless payment options, and user-friendly digital platforms. These initiatives have empowered millions of Nigerians to easily manage their finances, positioning Kuda as a trusted partner in driving financial literacy and inclusion across diverse demographics.
Commenting on the award, Musty Mustapha, Managing Director of Kuda Microfinance Bank, said,
“This recognition is a testament to Kuda’s relentless effort to give Nigerians the tools to take control of their financial life. We are grateful to the CBN for acknowledging our impact and to our customers for trusting us with their money. This award inspires us to continue working hard to build life-improving financial solutions that work for every Nigerian.”
As Kuda celebrates this achievement, it remains focused on its mission to bridge the financial inclusion gap and contribute to sustainable economic development through customer-centric solutions and strategic partnerships.
