We recently spoke with Nosa, the retail banking manager for Kuda, a digital-only bank in Nigeria, about the state of digital banking in the country.Kuda recently raised $10 million to grow and expand its digital banking services across Africa and the diaspora.Nosa has years of experience working in the traditional banking space and broke down to us everything there is to know about digital banking and how they operate.In this discussion, we discussed:What is your mission at Kuda?What does it take to start a fully digital bank in Africa?What distinguishes Kuda from the traditional banks?What is the state of digital banking in Nigeria?What is the uptake of digital banking services in Nigeria and Africa?How does the Kuda ATM card work?You offer all other bank services except for loans, why is that? - We have overdrafts now. We’re testing with a small group of customers.What challenges have you faced so far and how did you solve them?What feature would you say sets you apart from other digital financial services?What is your opinion on cryptocurrencies?Why did you partner with Binance and how did that partnership come about?What kind of partners do you work with?Any other future or upcoming partnerships?Where do you see cryptocurrencies in the next 3,5,10 years?What is your advice for digital banking uptake in Africa?To learn more about Kuda, check out the resources below:Website: https://www.kudabank.com/Twitter: https://twitter.com/kudabank

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