Kudi builds a conversational payments and electronic-banking service that uses natural language processing, chatbots and artificial intelligence to let users make utility and bill payments. The company positions its product to boost financial inclusion in emerging markets by providing access to electronic banking via conversational interfaces. Kudi charges fees for bill payments and offers services around bank transfers and utility payments. It was founded by Adeyinka Adewale and Pelumi Aboluwarin, launched in 2017, and was selected for Y Combinator’s winter program the same year. Following Demo Day it received $120,000 for 7% equity from Y Combinator. The startup’s core product focus is on conversational interfaces and NLP to simplify payments and financial services for underserved users.

Total raised

$6M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2019