Wema Bank logoWema Bank

Overview Powered by AI

We are the pioneer of Africa’s first fully digital bank ALAT and one of Nigeria’s most resilient banks. We offer a range of retail and SME banking, corporate banking, treasury, trade, and financial advisory services to our ever-expanding clients. With over 78 years in the business of banking, we have remained innovative in delivering value to all our stakeholders. We have a legacy of trust and resilience which has won us loyal customers and we are constantly introducing products and services tailored to their needs at every stage of their lives. We are proud partners to over one million individuals, families and businesses across Nigeria, helping them achieve their personal and financial goals.

HQ
Nigeria
Type
Corporate VC
Stage
Seed
Founded Date
1945-01-01

Wema Bank's Portfolio in Africa

Wema Bank has made over 1 notable investments in African startups. Their most recent investment was in Fertitude, announced on December 21st, 2025.
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Wema Bank's Investment activity in Africa

With over $3425 invested in African startups, their latest investment was a Grant round in Fertitude, announced on December 21st, 2025, closing at $3425.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Grant
Fertitude
NigeriaDec 21, 2025$ 3,425
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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Wema Bank's Investment Distribution in Africa.

Wema Bank's currently has Startuup investments spread across the following location(s)

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