Buyer Thesis · Lending Tech (Consumer) · 2021

Wema Bank considers fintech acquisition or bank merger

Wema Bank signaled an acquisition thesis in acquisition or merger consideration on September 30, 2021.

Primary
Wema Bank
Structure
acquisition or merger consideration
Date
September 30, 2021
Sub-sector
Lending Tech (Consumer)

Bank explicitly considering fintech acquisition or merger as part of growth strategy while boosting capital base by N40 billion.

Primary company
Wema Bank
Counterparty
Not disclosed
Amount
Not disclosed
Event date
September 30, 2021
HQ
Not disclosed
Structure
acquisition or merger consideration
Source published
November 1, 2021
Publisher
THISDAYLIVE

Source: thisdaylive.com