By Aduragbemi Omiyale
Customers of Kuda, a digital banking platform, have been advised to upgrade their mobile application to the latest version to enable them to enjoy the new features embedded in the app.
A statement from the company said the additions to the recently upgraded app make it easier for users to have more access to financial products and services, including investments and UK-to-Nigeria transfers.
It said the newly-launched money app for Africans in Nigeria and the UK offers convenient, easy access to frictionless and affordable financial services for users as transactions can be done faster and seamlessly.
To enjoy the new service, an existing account holder have to upgrade their Kuda App via the Play Store or App Store on their smartphone to download the new version of the Kuda App.
Thereafter, customers need to sign in to the app with their registered email address and their old Kuda password once and then create a new password. Once this is done, the old version of the Kuda App will be disabled automatically, and the upgraded version with the new features will be installed.
New customers can also onboard by downloading the Kuda App from Play Store or App Store and register by following the registration prompts on the App.
It is important to note that the old app will no longer be supported after January 9, 2023, so updating/downloading the new App is crucial to have continued access to the Kuda range of services.
Some of the new features on the Kuda App are currently not available in the older app.
The new version offers users investment opportunities as those in Nigeria can now buy stocks in some of the world’s most successful companies and rising startups at a fraction of the usual cost. In a few minutes, customers can take a step away from local inflation toward financial freedom.
In addition, the new Kuda app makes it easier to save rainy days with Pockets. This is because the upgraded app makes the Spend+Save, a popular feature of the Kuda app, automatically save a preset fraction of card payments.
Furthermore, the new app is a straightforward UK account, as with a valid government-issued UK ID and proof of a UK address, anyone in the UK can open a Kuda UK account to send money to any UK bank account (and receive money) directly.
Lastly, Kuda users in the UK can also send up to £10,000 to Nigeria daily at a transaction fee of just £3, and their Nigerian beneficiaries can receive the money as a transfer or pick up cash at one of several banks in Nigeria.
Adedapo Adesanya 
Modupe Gbadeyanka