Biography of Babs Ogundeyi the founder and CEO of kuda bank - Startuppreneur

Biography of Babs Ogundeyi the founder and CEO of kuda bank

Babs ogundeyi CEO of kuda bank like many other entrepreneur come from a well to do family. He is a Nigerian, though he spent great portion of his life oversea during his education sojourn.

Babs Ogundeyi Education

As stated above Babs come from a wealthy family this gave him opportunity to study in some of the best school in the world.


He went to Brunel university London to obtain degree in Business study and accounting.

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Babs Ogundeyi career (How it all started)

Though Kuda bank brought Babs to limelight, he has been playing in entrepreneur field since. He cofounded a car magazine called motor trade Nigeria which was later acquire by a news paper company in Nigeria.

Babs went on to create kudi a money lending and saving app in 2016 it later metamorphosis to kuda bank a neo bank that depends on technology to carryout banking activities in 2019.

In 2011 to 2015 Babs received a clarion call from oyo state government to be part of the cabjnet as adviser to the state and he answered a good thing for the people of Oyo state as his deed in in Oyo state is still spoken of till today.

Some of the great things he did in oyo state are


Transforming a loss generating Microfinance bank to profit making venture.

Raising bond that worth #55 billion naira, the largest in the financial history of oyo state.

He increase the internal generated revenue by creating Debt Management Office (DMO) and Public-Private Partnership (PPP) which also help to increase the trust of private firm in Oyo state government.

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Babs as a Philanthropist

Babs ogundeyi good gesture to the society is just coming to surface perhaps because he is still on his way to the pinnacle of his career unlike Dangote, Otedola, Mike Adenuga who have reach some standard in their career.

With all been said during the Coronavirus outbreak Babs with is bank provided a fund of #1.5 million to cater for the less privileged, this was done in partner with Lagos Food bank.

Babs Ogundeyi networth

With monthly increase in kuda bank valuation Babs is rumored to worth between $400 million to $700 million.

Babs ogundeyi marital status

Babs is married with children

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