How Nigerian neobank Kuda built its in-house core banking application

Until the latter half of 2024, core banking applications (CBAs) attracted little public attention outside Nigeria’s banking industry. That changed when several major commercial banks switched or upgraded their CBAs, disrupting banking services for millions of customers.

But five years before core banking was on Nigerians’ lips, the founding team at Kuda, a Nigerian neobank which boasts…