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. (Guardian)
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