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VFD Microfinance Bank

5TH FLOOR, ELEPHANT HOUSE, 214 BROAD STREET, LAGOS ISLAND, LAGOS, 100221, NIGERIA

Overview

Digital bank offering personal and consumer banking services online.

Founded

2020

Deals ยท 12mo

0

Links

WebsiteLinkedInX (Twitter)

Stage focus

Debt

Geographic focus

Nigeria

Sector focus

Accounting
Banking
Financial Services
Mortgage

Investment portfolio

2rounds
NAMEDATESIZE
Mamamoni
Feb 2024Participated
$0.27 MOther Equity
Shekel Mobility
Nov 2023Participated
$7 MDebt
Mamamoni
Feb 2024Participated
$0.27 MOther Equity
Shekel Mobility
Nov 2023Participated
$7 MDebt
2
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

VFD Microfinance Bank: 2 funding rounds are recorded in the selected participation categories.All available history.
VFD Microfinance Bank: 2 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Other Equity01
Debt01

Monthly Deal Activity

VFD Microfinance Bank: 2 deals are recorded across 36 months.All available history.
VFD Microfinance Bank: 2 deals are recorded across 36 months. All available history
MonthDeals
Nov '231
Dec '230
Jan '240
Feb '241
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

VFD Microfinance Bank: Fintech is the largest displayed sector by deal count (2 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

VFD Microfinance Bank: Fintech is the largest displayed sector by deal count (2 deals). All available history
SectorDeals
Fintech2
Networks, Cloud & Communication1

Deal Size Distribution

VFD Microfinance Bank: 2 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

VFD Microfinance Bank: 2 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M1
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

VFD Microfinance Bank: Nigeria has the largest recorded deal count among the displayed regions (2 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

VFD Microfinance Bank: Nigeria has the largest recorded deal count among the displayed regions (2 deals). All available history
RegionDeals
Nigeria2
VFD Microfinance Bank: 16 co-investors are shown, with CFYE sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

VFD Microfinance Bank: 16 co-investors are shown, with CFYE sharing 1 recorded deals. All available history
Co-investorShared deals
CFYE1
Fluna1
Heirloom VC1
MaC Venture Capital1
Maiora Capital1
PageOne Lab1
Phoenix Investment Club1
Pioneer Ventures1
Rebel Fund1
Unpopular Ventures1
Ventures Platform1
Voltron Capital1
Y Combinator1
Zedcrest1
Zedvance1
Zenith Bank1

Investment Strategy

VFD Microfinance Bank: Led accounts for 0% and participating for 100% of round participation.All available history.
VFD Microfinance Bank: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating2100%
VFD Microfinance Bank: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
VFD Microfinance Bank: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Gbenga Omolokun

Founder and Managing Director