The Africa Fintech Summit (AFS) in Washington, DC has announced that Kuda, the money app for Africans, has won the 2023 Africa Fintech Summit (AFTS) Excellence in Fintech award. TymeBank, Moniepoint, FairMoney, and MNT-Halan were up for the honor, but Kuda defeated them all, Entrepreneurng report.
Earlier this year, the Africa Fintech Summit nominated Kuda for the award along with the other four fintechs. Through an open voting process, the award’s winner was chosen. On April 12, 2023, at the Africa Fintech Summit ceremony in Washington, DC, a representative of Kuda accepted the honor on the organization’s behalf.
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Babs Ogundeyi, the founder and CEO of Kuda, commented on the honor by saying that the company, as well as the entire employees, were thrilled to have won the Africa Fintech Summit’s 2023 Excellence In Digital Banking award. He claimed that the honor was a testament to the Kuda team’s dedication and tenacity in developing creative solutions that would give more Africans living on the continent and in the diaspora access to timely, inexpensive, high-quality financial services.
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Awards like these, he said, “have been a meaningful acknowledgement of the work we are doing to make financial services accessible, affordable, and rewarding on the continent and in the diaspora” in the nearly four years since the development of the money app for Africans.
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Ogundeyi praised the other nominees and thanked everyone who helped Kuda win the prize by casting their vote. Assuring the Kuda team that they would continue their excellent job, he also praised the AFTS team for the distinction.
“Winning this prize over four other rapidly growing African fintech companies is no minor accomplishment, and I’m looking forward to the next stage of our mission to make financial services available and inexpensive to all Africans. Congrats to the Kuda crew, continued Ogundeyi.”
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Source: The GuardianÂ