Kuda Bank is a renowned banking institution that serves customers residing in Nigeria offering a wide range of financial services and products, including credit/debit cards and online payment solutions.
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Kuda Bank is one of the youngest banking institutions in Nigeria as it has been operating since 2019. Kuda Bank also known as Kuda Technologies has been founded by Babs Ogundeyi and Musty Mustapha. The fintech company has its main office in London, the United Kingdom. What is interesting to note is that Kuda Technologies is often regarded as one of the most important WEF technology startups in Africa.
According to the latest financial reports, Kuda Technologies is worth around US$500 million. The company has also been able to raise over US490 million thanks to different investors, such as Valar Ventures and Target Global.
One of the main Kuda Technologies' missions is to make different forms of financial services and products easily accessible to Nigerian customers who at the moment, do not have a great selection of options. The company also wants to offer Nigerians more affordable financial services that the country is missing today.
Aside from offering credit/debit cards, Kuda Bank has also developed an amazing money app for Nigerians and the app definitely offers better online payment solutions when compared to traditional payment options. In addition, Kuda Bank offers free money transferring solutions, investment and budgeting solutions, and more.
Using the Kuda money app, Nigerians can easily request to get a Visa credit/debit card. Kuda Visa cards are accepted by all the major services, such as Showmax, Prime Video, Netflix, and Spotify. The best part, Kuda Visa cards are issued without maintenance fees. When it comes to Kuda and its presence in the online gambling industry, many Nigeria-focused online casinos accept Kuda deposits and withdrawals and the process of using your Kuda credit/debit card to make online casino payments is very straightforward.
If you want to make online casino deposits with Kuda, all of the steps are outlined below.
The very first step is to register for an account on the Kuda website. If you do not have a Kuda Visa card, make sure you request one by following the instructions presented on the website.
The next step is to find a reputable Kuda online casino and the best option is to choose an online casino from our list of the best Kuda iGaming sites.
Once you have found a great Kuda online casino, register for an account following the instructions. To be able to make payments, you will also need to verify your account via SMS or email.
Once done, visit your casino’s Banking page and click on the list of all supported deposit options. From the list of available deposit options, click on the Kuda logo.
Once you click on the Kuda logo, a new window will pop up, and here, enter your Visa card details, including your card number and CVC number.
Once you have entered your card details, specify the amount you want to deposit while being mindful of your casino’s deposit limits. Submit your deposit request and your funds will appear in your account.
Most online casinos that let you make deposits using Kuda also let you request a withdrawal to your Kuda Visa card. All the steps required to make Kuda withdrawals are outlined below.
From the casino’s lobby, click on the appropriate tab to enter your casino’s Banking section. Click on the “Withdraw” tab to access the selection of withdrawal options.
From the list of all supported withdrawal options, click on the Kuda logo. Once here, you need to enter your card details to proceed with the withdrawal request.
The last step is to enter the amount you want to withdraw making sure the amount you enter is in line with your casino’s minimum and maximum withdrawal limits. Once done, submit your withdrawal request and your funds will reach your Kuda bank account in a couple of days.
As expected from such a renowned financial company, Kuda Technologies has gone above and beyond to make sure all clients’ funds are kept safe at all times. One of the state-of-the-art safety technologies employed by Kuda is SSL data encryption technology that all renowned banking institutions rely on.
Aside from SSL data encryption technology, Kuda also uses other safety measures, such as different account verification tools and firewalls, to ensure the safety of its clients’ funds and accounts. With this being said, there is nothing safety-wise to worry about when making Kuda online casino deposits and withdrawals.
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Most online casinos that accept Kuda process Kuda deposits free of charge. When it comes to Kuda online casino withdrawals, smaller commission fees may apply depending on your chosen online casino.
Yes, Kuda is one of the safest payment services thanks to relying on SSL data encryption and other top-notch safety measures and tools.
As discussed in one of the previous sections, Kuda is generally used for both making online casino deposits and withdrawals.
Kuda is primarily focused on serving customers residing in Nigeria. In addition, Kuda financial services are also available to customers in the United Kingdom.
No, Kuda does not support cryptocurrencies so you cannot use any of the Kuda financial services and products to make crypto payments.
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