Kuda vs OPay

traditional vs traditional · from the open dataset of 357 tracked neobanks · no affiliate links, ever

Kuda: 'Bank of the free'; NG + UK remittance.

OPay: 60M+ users; agent-network powerhouse.

Side by side

	Kuda	OPay
Category	traditional	traditional
Audience	general	underbanked
HQ	Lagos, NG	Lagos, NG
Founded	2019	2018
Custody	Custodial	Custodial
Regulation	Licensed bank	Payment institution
Licence detail	Microfinance bank (NG)	Payment licences (NG)
Card	Visa · Debit	Verve/MC · Debit
Cashback	—	Offers
Yield	Annual interest	Daily interest (Owealth)
Stablecoins	No	No
KYC	Yes	Yes
Regions	Africa	Africa
Reported users	—	60M users (2024)

go deeperFull profiles: Kuda · OPay — or run your own comparison of up to four in the directory.

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.