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Wema Bank

Wema Towers, 54 Marina, Lagos, Nigeria

Overview

Digital and traditional banking services for retail and SMEs.

Founded

1945

Deals · 12mo

0

Links

WebsiteLinkedInX (Twitter)

Stage focus

—

Geographic focus

Nigeria

Sector focus

Banking
Credit
Financial Services

Investment portfolio

1rounds
NAMEDATESIZE
Terra Aqua
Jun 2024Led
$10 MOther Equity
Terra Aqua
Jun 2024Led
$10 MOther Equity
1
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Wema Bank: 1 funding rounds are recorded in the selected participation categories.All available history.
Wema Bank: 1 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Other Equity10

Monthly Deal Activity

Wema Bank: 1 deals are recorded across 29 months.All available history.
Wema Bank: 1 deals are recorded across 29 months. All available history
MonthDeals
Jun '241
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

Wema Bank: Professional Services is the largest displayed sector by deal count (1 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.

Wema Bank: Professional Services is the largest displayed sector by deal count (1 deals). All available history
SectorDeals
Professional Services1
Clean Energy & Sustainability1

Deal Size Distribution

Wema Bank: 1 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.

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

Deals By Geography

Wema Bank: Nigeria has the largest recorded deal count among the displayed regions (1 deals).All available history.

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

Wema Bank: Nigeria has the largest recorded deal count among the displayed regions (1 deals). All available history
RegionDeals
Nigeria1
Wema Bank: 1 co-investor is shown, with TLG Capital 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.

Wema Bank: 1 co-investor is shown, with TLG Capital sharing 1 recorded deals. All available history
Co-investorShared deals
TLG Capital1

Investment Strategy

Wema Bank: Led accounts for 100% and participating for 0% of round participation.All available history.
Wema Bank: Led accounts for 100% and participating for 0% of round participation. All available history
CategoryDeals (count)Share (%)
Led1100%
Participating00%
Wema Bank: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
Wema Bank: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led1100%

Team

Moruf Oseni

CEO

Tunde Mabawonku

Executive Director

Wole Akinleye

Deputy Managing Director