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Kuda was the ‘bank of the free.’ Now it wants to be more.

That makes the new identity feel more like a brand trying to insert itself into the life around the transactions people make with money.

Kuda was the ‘bank of the free.’ Now it wants to be more.

Kuda, the Nigerian digital bank, once promised to be the "bank of the free," offering a simple banking solution without fees, queues, or branches. In 2019, the bank's purple branding and standalone "K" symbolized a new kind of banking in Nigeria. However, Kuda is now undergoing a significant brand overhaul, unveiling "More Life" as its new identity.

Senior brand manager Emmanuel Femi-Adejobi explained that people are no longer just seeking freedom but are aiming to move up, rise financially, socially, and professionally, emphasizing the need for more in life. The redesign reflects this shift, moving from being just an app for spending to one for all aspects of life. Kuda's new look introduces the full Kuda name in geometric letterforms, a new color palette of lavender, off-white, and darker grey, and everyday Nigerian life imagery instead of traditional banking cues.

This repositioning comes as Nigeria's fintech market matures, with competitors like Paystack and Flutterwave expanding beyond payments. Kuda plans to double down on its rewards program, Kuda Premium, offering discounts, exclusive experiences, and lifestyle-related partnerships. The new identity is designed to move beyond financial transactions, illustrating how money enables life through images of everyday Nigerian life.

Written by urgent.news from TechCabal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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