Business Ideas

How To Become Kuda Bank Aggregator And Kuda Bank Agent

Kuda Bank has rapidly grown to become one of the leading digital banks in Nigeria. With over 3 million customers, Kuda offers innovative banking services through its easy-to-use mobile app. As Kuda continues to expand, there are great opportunities to partner with them as an aggregator or agent.

In this post, we’ll provide a step-by-step guide on how to become an official Kuda partner. We’ll cover the requirements, application process, and tips on operating as a Kuda aggregator or agent.

Kuda Bank Agent Program Overview

Kuda partners with agents and aggregators to extend the reach of its services across Nigeria. As a Kuda agent, you can provide basic banking services like opening accounts, deposits, withdrawals, transfers, airtime/data top-ups, and bill payments. Customers can visit your location for their transactions instead of using the mobile app.

The key advantages of becoming a Kuda agent are:

• Earn attractive commissions and incentives on transactions

• Expand your business offerings and revenue streams

• Help bring innovative digital banking to your community

• Operate with minimal costs – Kuda handles security, payments, and operations

Requirements to Become a Kuda Agent

To qualify as a Kuda agent, you need to meet these basic requirements:

• Operate a small shop, retail store, or other public outlet

• Have a compatible Android smartphone for the agent app

• Provide KYC documents for verification – national ID, business registration, etc.

• Have basic digital and financial literacy

• Pass Kuda’s background checks and monitoring

Kuda also prefers locations that have security provisions, consistent power supply, and customer demand for financial services. If you operate in a commercial/market area, transport stop, or rural community, your outlet may be well-suited.

How to Apply to Become a Kuda Agent

If you meet the above eligibility criteria, you can follow these steps to apply:

1. Download the Kuda Agent app: Search for “Kuda Agent” on the Google Play Store and install the app. This will be used to access agent tools and services.

2. Fill out the agent form: Open the app and fill in your details, business info, location, and photos of your outlet. This provides Kuda with the necessary information.

3. Submit your application: Once the form is filled, submit your application directly through the app. Make sure all details provided are accurate.

4. Wait for Kuda review: Kuda will review your application and outlet photos. They assess multiple factors before approving agents.

5. Onboarding: If approved, Kuda will contact you to provide account details, arrange the installation, and train you on using the agent management tools.

As a banking agent, compliance with regulations and the security of funds are critical. By partnering closely with Kuda and adhering to their policies, you can build a thriving agency business.

Join the Kuda Agent Network

Becoming a Kuda agent allows you to be part of their growing agent network across Nigeria. You can take advantage of this opportunity to earn commissions, expand your business footprint, and contribute to financial inclusion. With innovative digital banking solutions and agent empowerment, Kuda is well-positioned for continued expansion.

If you meet the eligibility criteria and are interested in becoming a Kuda banking agent, submit your application today. Kuda’s onboarding process and agent support tools make it easy to get started. Contact Kuda directly for any questions as you establish your agency.

Kuda Bank Aggregator Program Overview

A Kuda Bank aggregator is a third-party service provider that connects your Kuda Bank account to other financial institutions and services. This allows you to view and manage all of your accounts in one place, and to automate tasks such as transfers and payments. Kuda Bank aggregators use Open Banking APIs, which are secure and regulated interfaces that allow banks to share data with third-party providers with your consent. This means that your financial data is always safe and secure.

The key advantages of becoming a Kuda aggregator are:

• Significant commissions based on your entire agent network performance

• Position yourself as a digital financial services leader

• Impact communities by improving financial access and inclusion

• Grow your business by leveraging Kuda’s innovative offerings

• Partner with a leading fintech brand serving millions of customers

Requirements to Become a Kuda Aggregator

• Existing business in relevant sectors like financial services

• Experience with agent network operations and management

• Strong training and people management skills

• Digital finance knowledge and analytical capabilities

• Capital to invest in building the agent network

How to Apply to Become a Kuda Aggregator

Follow the steps below to apply to become a Kuda Aggregator:

1. Download the Kuda Aggregator App: Kuda has a dedicated app for aggregator recruiting and management. Search for “Kuda Aggregator” in the Google Play Store and install it.

2. Complete the Aggregator Application Form: Open the app and fill out all details in the aggregator application form. This includes your company profile, experience, capabilities, aggregation plan, and strategy.

3. Submit Your Application: Once you have filled out the comprehensive application form, submit it directly through the aggregator app to Kuda for review.

4. Participate in Kuda’s Evaluation: Based on your application, Kuda will schedule selection process activities like video interviews, presentations, business plan reviews, and background checks.

5. Sign Aggregator Agreement: If selected after the evaluation process, you will sign a legal agreement with Kuda defining the partnership terms and conditions.

6. Complete Extensive Onboarding: Work closely with Kuda teams to complete technology integration, systems setup, and launch readiness. You will also undergo training programs.

7. Start Recruiting and Managing Agents: With everything in place, you can start agent recruitment in your regions of operation. Provide them oversight, support, and grow your network.

The Kuda Aggregator app and structured application process make it easy for interested businesses to apply. The extensive evaluations ensure that only capable partners are selected as aggregators.

Frequently Asked Questions

How much does it cost to become a Kuda agent or aggregator?

Kuda does not charge any fee upfront to become an agent. You only need to invest in a smartphone and set up your retail outlet infrastructure.

How do Kuda agents or aggregators earn income?

Agents earn through attractive commissions and incentives on transactions done through their center, such as account opening, deposits, withdrawals, transfers, etc.

What kind of training does Kuda provide?

Kuda provides comprehensive virtual and in-person training on how to use its agent management tools, platforms, and devices. They also offer marketing support.

Do I need a large retail store or space to qualify?

No, you can operate from small shops, kiosks, or shared commercial spaces. But good security, customer traffic, and power supply will boost chances.

Can individuals apply to be Kuda agents?

Yes, individuals who meet the eligibility criteria can apply. However, preference is given to those with existing retail businesses.

Does Kuda provide the hardware and devices?

Yes, Kuda provides the agent device, POS terminals, scanners, biometrics, etc. needed to serve customers and manage operations.

How does the commission structure work?

Commissions vary based on the type and volume of transactions done. Kuda offers attractive tiered commission slabs, bonuses, and incentives.

Is prior banking experience required for Kuda agents or aggregators?

No, prior experience in banking or financial services is not required. Kuda’s training will provide the knowledge needed to be an effective agent.


Becoming a Kuda Bank agent or aggregator provides an exciting opportunity to partner with one of Nigeria’s most innovative financial institutions. By leveraging Kuda’s growing customer base and digital banking platform, you can establish a lucrative business providing vital financial services to your community.

With a straightforward onboarding process, world-class technology, and ongoing training and support, now is the ideal time to join Kuda’s agent and aggregator network. You’ll earn commissions while driving financial inclusion and helping customers access modern, mobile banking.

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