tell.money supports Kuda as it launches in the UK
tell.money supports Kuda as it launches in the UK
tell.money, the fintech that delivers innovative and rapidly deployable open banking services for banks and other account providers, has partnered with Kuda as it enters the UK market.
Kuda is the leading Nigerian based app enabling Africans to remit funds without onerous transaction costs. Kuda’s parent company, Kuda Technologies Limited was founded in 2019 in Nigeria and has grown to 5 million customers. The launch in the UK is the first step in its global expansion to serve overseas based Nigerians.
tell.money has deployed its gateway service to ensure PSD2 open banking compliance, bringing market leading security and speed to the Kuda proposition.
This is the latest step in tell.money’s growth, having recently announced a partnership with prepaid card Pockit, and again positions tell.money as one of the key integration choices for financial services providers looking for compliant and rapid market entry.
David Monty, founder and CEO of tell.money, commented, “Adherence to PSD2 proves to be a challenge for many fintechs. We were very clear on what Kuda needed and were focused on delivering it to enable their entry into the UK market, supporting the many Africans based in the UK. It’s rewarding to see that, working with Kuda we have been able to demonstrate that PSD2 need not be the blocker to compliant growth that many fear.”