Wema Bank Plc: Providing comprehensive commercial banking, trade finance, and forex services in Nigeria.
Location
Lagos, NG
Founded
1945
Wema Bank Plc is a Nigerian commercial bank offering a comprehensive range of financial services. The bank focuses on retail and corporate banking, trade finance, treasury operations, and foreign exchange services. Wema Bank primarily operates within Nigeria, catering to diverse customer segments across the country.
As part of its commitment to innovation, Wema Bank has shown interest in supporting fintech startups. The bank has invested in Grip, a financial technology company that has raised $10 million in funding. This investment demonstrates Wema Bank's efforts to engage with emerging technologies and support the growth of Nigeria's fintech ecosystem.
Wema Bank - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages