Wema Bank Plc. Revenue

Banking • Lagos, Lagos State, Nigeria • 5001-10000 Employees

Wema Bank Plc. revenue & valuation

Annual revenue	$119,500,000
Revenue per employee	$21,000
Estimated valuation?This valuation is estimated based on industry average for the Banking industry and current estimated revenues	$382,400,000
Total funding	$149,800,000

Key Contacts at Wema Bank Plc.

Francis Okafor

Special Assistant To The Deputy Managing Director

Moruf Oseni

Managing Director/Ceo

Precious Anwuzia

Personal Assistant To Executive Director

Giwa Eniola Abdulazeez

Executive Assistant To The Managing Director

Chibuike Agu

Chief Technology Officer

Tunde Mabawonku

Executive Director

Yusuf Shotunde

Special Assistant To The Executive Director, Corporate, Treasury & North Bank

Stephen Nathaniel

Product Owner

Amarachi Njoku

Product Owner/Business Development Manager, Agency Banking

Olukayode Bakare

Executive Director

Company overview

Headquarters	54 Marina, Lagos, Lagos 100221, NG
Phone number	+23423412778600
Website	wemabank.com
NAICS	521
SIC	602
Keywords	Retail Banking, Innovation, Corporate Banking, Digital Banking, Digital Finance, Sme Banking
Founded	1945
Employees	5001-10000
Socials

Wema Bank Plc. Email Formats

Wema Bank Plc. uses 2 email formats. The most common is {first name}.{last name} (e.g., john.doe@wemabank.com), used 88.1% of the time.

Format	Example	Percentage
{first name}.{last name}	john.doe@wemabank.com	88.1%
{first initial}.{last name}	j.doe@wemabank.com	11.5%

About Wema Bank Plc.

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. We encourage discussions about innovation on enovate.wemabank.com.

Employees by Management Level

Total employees: 5001-10000

Seniority

Employees

Entry

Manager

Head

Employees by Department

Wema Bank Plc. has 2,687 employees across 19 departments.

Departments

Number of employees

Funding Data

Explore Wema Bank Plc.'s funding history, including investment rounds, total capital raised, and key backers.

Funding Date	Round	Amount	Link to Article
2023-12-20	12	$50,000,000
2025-10-11	14	$99,800,000

Funding Insights

$149,800,000

Total funding amount

$99,800,000

Most recent funding amount

Number of funding rounds

Wema Bank Plc. Tech Stack

Discover the technologies and tools that power Wema Bank Plc.'s digital infrastructure, from frameworks to analytics platforms.

Emotion

Development

Element UI

UI frameworks

Vue.js

JavaScript frameworks

Headless UI

UI frameworks

Google Tag Manager

Tag managers

PHP

Programming languages

HSTS

Security

Facebook Pixel

Analytics

core-js

JavaScript libraries

Tailwind CSS

UI frameworks

Goober

JavaScript libraries

Swiper

JavaScript libraries

Frequently asked questions

Wema Bank Plc. is located in Lagos, Lagos State, NG.

You can reach Wema Bank Plc. at +23423412778600.

Wema Bank Plc. generates an estimated annual revenue of $119,499,191. This revenue figure reflects the company's market position and business performance in its industry.

Wema Bank Plc. has an estimated valuation of $382,400,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.

Wema Bank Plc. was founded in 1945, making it 81 years old. The company has established itself as a significant player in its industry over this time.

Wema Bank Plc. has approximately 5001-10000 employees. The company continues to grow its workforce to support its business operations and expansion.

Wema Bank Plc. has raised a total of $149,800,000 across 2 funding rounds. This investment has helped the company grow and expand its operations.

Key Contacts at Wema Bank Plc.

Francis Okafor

Special Assistant To The Deputy Managing Director

Moruf Oseni

Managing Director/Ceo

Precious Anwuzia

Personal Assistant To Executive Director

Giwa Eniola Abdulazeez

Executive Assistant To The Managing Director

Chibuike Agu

Chief Technology Officer