The Story of Kuda Bank, Fastest growing digital bank in Africa with Musty Mustapha

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  • čas přidán 21. 07. 2024
  • Kuda is Nigeria's first mobile-only bank licensed by the Central Bank. Kuda is designed for your smartphone, free of ridiculous charges and great at helping you budget, spend smartly and save more. Musty Mustapha - the cofounder/CTO of Kuda graduated from university with a first-class degree and a distinction in his undergraduate and postgraduate studies, respectively. On this episode, Musty talks about his career and entrepreneurship journey, how Kuda started, the big wins and challenges so far and why Kuda is spending a lot of money on advertising right now
    1:16 Musty at 10-year-old
    4:32 Getting to Know the current Musty
    5:36 Musty shares how Kuda bank started and how he met Babs
    9:35 He eventually quit his full-time job to focus on Kuda
    10:32 What was the first win that determined if it was the right decision?
    11:13 About Kuda's “25 free transfers” strategy and how they manage to get revenue doing this?
    16:23 What's the strategy behind the acquisition via ads - billboards, TV, Radio etc?
    19:19 Was independent cards always in the plan? And how will it affect scaling?
    21:26 What is the best thing about building Kuda so far?
    24:53 Experience fundraising for Kuda
    26:50 Will Musty change anything in his journey if he had the chance to do it all over again?
    28:13 Kuda's people culture?
    30:05 Musty shares his thoughts about No Code tools
    32:00 Musty shares his favourite city, food, colour, gadget etc?
    34:05 Musty's advice to upcoming tech entrepreneurs?
    Check out Kuda www.kudabank.com/

Komentáře • 65

  • @haleenation7423
    @haleenation7423 Před 3 lety +12

    From building the first e-voting system which I was privileged enough to conduct the 2011 Faculty and 2012 SUG election with, to building Kuda Bank. Musty have come a long way and I love seeing it.

  • @taofikabass93
    @taofikabass93 Před 3 lety +11

    The dude answers questions like a professional.... His answers are topnotch

  • @Stageyuliamultimedia
    @Stageyuliamultimedia Před 2 měsíci +2

    Watching in late April 2024, video shot late April 2021...

  • @dominuskelvin
    @dominuskelvin Před 3 lety +9

    Kuda was like a dream come through for me with Nigerian banking. I've always wanted to hear the story from the tech guys behind it all. Thanks Peace for making this possible!

  • @bickdrim8545
    @bickdrim8545 Před 2 lety +3

    I like the manner in which he addresses his partner.

  • @arinzefelixariogba2180
    @arinzefelixariogba2180 Před 3 lety +13

    We need to hear from Programmers behind all these tech companies.... The ones that program the system..

    • @aladeadeseun5288
      @aladeadeseun5288 Před 2 lety +1

      I think peace need to respond to this.

    • @omigiekiel5968
      @omigiekiel5968 Před 2 lety +1

      Lol he’s the cto the chief tech officer he and barbs actually programmed the company.

    • @balogunakanbi6329
      @balogunakanbi6329 Před 2 lety

      @@omigiekiel5968 Babs is not a programmer, he didn't contribute to any tech aspect. Musty did the core backend, frontend was done by one of the early members.

  • @succeeder3044
    @succeeder3044 Před 2 lety +1

    for me, kuda bank is the best payment platform. Fast transactions, good customer service also.
    keep it up kuda

  • @IfekristiTube
    @IfekristiTube Před 3 lety +2

    This 👍❤️

  • @samchs222
    @samchs222 Před 21 dnem

    I love this new sets of entrepreneurs in Fintech. They are hands on with technology and readily apply latest research to their business model.

  • @nafiuishaaq
    @nafiuishaaq Před 2 lety

    Beautiful interview.

  • @zebedeezoe9230
    @zebedeezoe9230 Před 2 lety

    Thank you for great contents

  • @temimakay_
    @temimakay_ Před 3 lety

    You’re doing amazing, Peace! Every episode is so insightful. Welldone 🙌🙌

  • @zebedeezoe9230
    @zebedeezoe9230 Před 2 lety

    You're really doing well peace!!!

  • @SamadorUncode
    @SamadorUncode Před 3 lety +7

    I've been following this channel since the beginning of founders connect and I would say this is the best interview with founders so far. I love this. Much love to you, Peace. You're such a wonder individual. You're doing well in Mr Macaroni's voice 😁. And I love Musty for fully expressing himself so well

  • @maryamsani3160
    @maryamsani3160 Před rokem

    Awesome...... Lots of insights,keep soaring higher Kuda.Peace you're doing an amazing job,keep it up,really impacts.

  • @ogbonnachiarapughim711
    @ogbonnachiarapughim711 Před 2 lety +1

    One day you would interview.

  • @OyelajaOyekan
    @OyelajaOyekan Před 3 lety +2

    How am I just running into your channel? Girl, you got content! Reminds of Kevin Rose back in the days!

  • @DayoMoyo
    @DayoMoyo Před 3 lety +1

    Love this interview.

  • @sholasalako3973
    @sholasalako3973 Před 3 lety +1

    Best

  • @emmanueleze8782
    @emmanueleze8782 Před 3 lety +1

    Another awesome interview... Oh and 10k🥳🥳

  • @gbadamson
    @gbadamson Před 3 lety +1

    This is an awesome content

  • @avatar_teaunpopularopinion2370

    Enjoyed the session, been waiting for another lovely episode... Thanks.

  • @Boogeymaen
    @Boogeymaen Před 3 lety +1

    Awesome Stuff!!

  • @oluwaseyifunmiipaye7406
    @oluwaseyifunmiipaye7406 Před 3 lety +1

    Thank you. Great interview

  • @masefanb.benjamin1422
    @masefanb.benjamin1422 Před 3 lety +2

    I like the fact that he is a family man and doesn’t have it all figured out yet…Meaning investors/customers and the company can get to grow and win together. I’ve been quite skeptical about opening a Kuda account, but I feel encouraged after listening to Mr Musty.
    Well done, Peace…This episode has actually changed my life! Keep up the good work, ma’am!

  • @oluwaseundaniel8467
    @oluwaseundaniel8467 Před rokem

    Always a topnotch interview.
    You're channel is awesome.

  • @SolutionsEmpireConsultancy

    I fell in love with KUDA Bank simply because of their vision of helping the common man to run a bank account without hassles & all the problems of extortions the other banks are doing. Just imagine you having peace of mind that your money in Kuda Account is safe without it reducing bcos of some explainable charges.
    Pls Itimi, I will like to know if Kuda Bank is listed in the stock market & if one can buy shares of the bank.

  • @manuelukoha9722
    @manuelukoha9722 Před 3 lety +2

    You're doing a great Job. It's amazing for us to see the CEOs of Tech companies. Kudos 👏👏👍.

  • @josephekpaha
    @josephekpaha Před 3 lety +1

    Peace with another one🔥🥳❤️

  • @sandrah361
    @sandrah361 Před rokem

    when is kuda coming to zambia?

  • @melanineyedoc
    @melanineyedoc Před 3 lety +1

    10k loading 😎

  • @azeezoje
    @azeezoje Před 3 lety +4

    This is very beautiful and articulate. I see your channel as a gift to the young mind.
    Thanks

  • @user-ft3mm9bw9r
    @user-ft3mm9bw9r Před rokem

    ENCOUNTING A VERY SERIOUS ISSUES WITH MY KUDA WALLET ACCOUNT.😮

  • @ololadeayanniyi264
    @ololadeayanniyi264 Před 3 lety

    Please can one use KUDA to send money to bank accounts in other West Africa countries or it's only restricted to Nigeria banks.

  • @taofikabass93
    @taofikabass93 Před 3 lety +1

    Post ume in 2005?

    • @samchs222
      @samchs222 Před 21 dnem

      Yes, I wrote it too in unilag. Second year they introduced it to polytechnic