Kuda, the Target Global-backed challenger bank, tripled revenue to $22 million in 2022
[...]Although Kuda is seeing significant user adoption and revenue growth, its losses continue to grow. The business posted net losses of $32 million, more than double the previous amount a year before, thanks to higher staffing costs and other operating expenses. The report shows that Kuda has now accumulated $55 million in losses since its launch in 2019.[...]
https://techcabal.com/2024/08/....06/kuda-tripled-reve
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