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In recognition of its efforts in improving affordable access to financial services, 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 in Lagos.
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 recogniseorganisations and individuals across various sectors 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 efforts to democratise banking and empower Nigerians 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.”