To get your Kuda Business account approved and active, you'll need to complete a Know Your Business (KYB) process. This includes verifying your business address. Here's how to do it right the first time:
Document requirements
The documents you provide must:
Include your submitted operating address
Be under your company legal/trading name
Be dated within the last 3 months
Supported documents
We accept any of these documents as proof of address:
Utility bills (e.g. electricity, water, waste, DStv or GOtv)
Bank statement from a physical bank
Tax assessment or tax clearance certificates
Rental agreement signed by you, confirming a duration of 6+ months and valid on the day of onboarding
Three consecutive invoices and a contract from a co-working space provider, valid on the date of onboarding and containing your operating address (if dated within the last 6 months)
Sworn affidavits (e.g. notarised copies of declaration or statement of address, or a court affidavit from any Nigerian High Court)
Other documents issued by a reliable authority (e.g. land use charge receipts, notice of tenement rate assessment, or estate/serviced apartment receipts that include your name or business name)
Quick tip: Generate a proof of address online
You can quickly generate a valid utility bill through services like Buypower.ng. Here's how:
Sign up or log in to www.buypower.ng
Purchase electricity units for your prepaid meter
Generate the receipt
This receipt can serve as a valid proof of your business address.
Remember:
Make sure all document copies are clear and legible
If we reject your proof of address, sign in at business.kuda.com, enter your correct business address, then upload a new proof of address
Need help? Reach out to our support team through the Kuda app or email us at [email protected].