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# Kuda Technologies Posts ₦14.3 Trillion in Q1 2025 Transactions as Paid Transfers Overtake Free Transfers
- URL: https://www.theglobalbanker.com/kuda-technologies-q1-2025-transactions-14-trillion-paid-transfers/
- Published: 2025-07-08T13:18:00.000Z
- Updated: 2026-10-02T14:34:56.000Z
- Description: Nigerian neobank Kuda processed over 300 million transactions worth ₦14.3 trillion in Q1 2025, with paid transfers exceeding free transfers by value.
- Author: TGB Editorial Team
- Tags: Fintech, Africa, #archive

Kuda Technologies processed more than 300 million transactions with a combined value of ₦14.3 trillion, equivalent to approximately $9.3 billion, across its retail and business banking arms in the first quarter of 2025, the Nigerian neobank disclosed. Paid transfers exceeded free transfers by value.

#### RETAIL AND BUSINESS BANKING SPLIT

Kuda's retail banking arm accounted for ₦8.5 trillion of the total transaction value, with the business banking segment contributing ₦5.8 trillion. 

The more than ₦3 trillion in non-free transfers compared with almost ₦1 trillion in free transfers in Q1 2025 represents a ratio of more than three-to-one in favour of paid activity.