Kuda Open API
Banking & Fintech · Payments · Nigeria
Kuda Open API is the developer platform of Kuda Bank Nigeria's first fully mobile-only bank, licensed by the Central Bank of Nigeria (CBN). Launched to enable businesses to embed banking infrastructure directly into their products, the Kuda Open API provides access to real Nigerian bank account infrastructure, NIP-powered instant transfers, dynamic virtual accounts, bill payments, and instant settlement capabilities all through a clean RESTful API backed by one of Nigeria's most trusted and innovative financial institutions.
Kuda Open API Highlights
Kuda Open API is verified for developer integrations in Nigeria and across African markets, providing documented endpoints, sandbox testing, and developer support.
API Key generated via the Kuda Developer Portal (developer.kuda.com); passed as Bearer token in API requests
Not publicly documented contact Kuda business support for production rate limit details
Nigeria
Ghana
KenyaKuda Open API is best for:
Nigerian businesses, fintechs, SaaS platforms, and e-commerce stores that need to embed bank transfers, dynamic virtual accounts, bill payments, and instant settlement into their products backed by Nigeria's first mobile-only CBN-licensed bank.
- Per-transfer fees by transaction value:₦12 (₦0 ₦10,000), ₦10 (₦10,001 ₦100,000), ₦9 (₦100,001 ₦400,000), ₦7 (₦400,001+)
- Instant settlement:0.3% of transaction value, capped at ₦100
- Virtual account creation:0.1% of transaction value
- No hidden fees listed prices are final
Kuda Open API Core Features & Capabilities
Features Included
Not Supported
Kuda Open API Supported Webhook Events
Webhooks supported (Webhook Event Notifications). Check official documentation for endpoint setup.
Required Access Documents for Kuda Open API
- CAC Registration CertificateRequiredCertificate of Incorporation or Business Name Registration from Nigeria's Corporate Affairs Commission required for KYB verification to access production API.
- Director BVN & Government IDRequiredBank Verification Number and valid government ID (International passport, driver's licence, or NIN slip) for each director or beneficial owner.
- Business Bank AccountRequiredActive Nigerian bank account in the business name for settlement purposes.
- Sandbox Account (No Documents)OptionalYou can register and test in the Kuda sandbox environment without submitting business documents full KYB is only required before going live.
Different Kuda Open API use cases
- E-commerce Payment Collection:Issue dynamic virtual account numbers to each Nigerian customer at checkout when they make a bank transfer, Kuda's webhook instantly notifies your platform and confirms the payment, eliminating manual reconciliation.
- Payroll & Bulk Disbursements:Send salaries to hundreds of Nigerian employees in a single API call using Kuda's bulk transfer API at flat-fee pricing paying ₦7 ₦12 per transfer regardless of amount, making it cost-efficient for large payroll runs.
- Bill Payment Super-app:Add airtime top-up, mobile data, DSTV/GOtv cable subscriptions, and electricity prepaid tokens to your app using Kuda's bill payment APIs earning a commission on each transaction processed.
- Savings & Wallet App:Build a savings or digital wallet product for Nigerian users backed by Kuda's CBN-licensed infrastructure opening virtual accounts, enabling user-to-user transfers, and providing full transaction history programmatically.
- Agent Banking Network:Power a Nigerian agent banking or POS network using Kuda's virtual accounts and instant settlement API letting agents collect payments and settle merchants in real time without the delays of traditional bank infrastructure.