Babatunde Ogundeyi, widely known as Babs Ogundeyi is a Nigerian fintech entrepreneur widely recognized as the co-founder and CEO of Kuda, a leading digital banking platform serving African customers. Before launching Kuda, he built a multifaceted career spanning corporate finance, consulting, and public service, including a role as Special Adviser on Finance in Oyo State, Nigeria.
Profile Summary
| Full name | Babs Ogundeyi |
| Age | 38 (as of 2026) |
| Nationality | Nigerian |
| State of origin | N/A |
| Partner | Honey Oyindamola Ogundeyi |
| Children | Two |
| Occupations | Fintech entrepreneur, CEO, co-founder, finance professional, former public adviser |
| Net worth | $100 – $500,000 million |
Early Life and Education
Babs Ogundeyi was born and raised in Nigeria, though some sources also mention that he was born in the United Kingdom; this detail remains inconsistently reported.
He received his early education at The Downs School and King’s College Taunton. He later attended Brunel University London, where he studied Business Studies and Accounting.
Career
Ogundeyi began his professional journey in finance and consulting. He co-founded Motortrader Nigeria, worked as an Engagement Manager at PwC, and later became a Partner at Redbrick Ltd.
He subsequently served as Special Adviser to the Governor of Oyo State on Finance, where he contributed to fiscal policy, capital raising, and institutional reforms, including the establishment of the Public Private Partnership office and the Debt Management Office.
After his public service role, he co-founded Kudimoney, described as Nigeria’s first online-only lending and savings platform. In July 2018, he founded Kuda, which has grown into one of Africa’s most prominent digital banking brands. Kuda launched in Nigeria and later expanded across African markets with a mission to make banking more affordable, accessible, and rewarding.
Personal Life
Babs Ogundeyi is married to Honey Oyindamola Ogundeyi, a fashion-tech entrepreneur and CEO of Fashpa Tech. The couple has two children.
Other personal details, such as his exact date of birth, remain undisclosed in publicly available information.
Net Worth
Babs Ogundeyi hasn’t made his net worth public, which is typical for private entrepreneurs. But based on his position as co-founder and CEO of Kuda, the fast-growing African neobank valued around $500 million, most estimates put his net worth somewhere between $100 million and $500 million. Most of his wealth comes from his stake in Kuda..
Awards and Recognition
Ogundeyi has received notable recognition for his contributions to Africa’s fintech ecosystem. He has been named among the most influential people in African technology by Forbes and The Africa Report, and he has earned multiple awards for his work in fintech.
His broader recognition stems from Kuda’s rapid growth, successful fundraising, and standing as a leading digital bank in Africa. Kuda has raised over $90 million from institutional investors and has achieved a valuation of $500 million, reflecting the impact of Ogundeyi’s leadership.
