Wema Bank, Nigeria’s leading innovative bank and the pioneer of Africa’s first fully digital bank, ALAT, has been honored with two prestigious awards at the 2024 Global SME Finance Forum Conference in São Paulo, Brazil. The bank was named SME Financier of the Year (Africa) and received the Platinum Award for Best Financier for Women Entrepreneurs (Africa).
The Global SME Finance Forum, recognized as the premier platform for scaling SME financing globally, celebrates financial institutions that develop innovative products and services for small and medium-sized enterprises (SMEs). Wema Bank’s achievements at the awards highlight its role as a top financier for SMEs in Africa, particularly for women-owned businesses.
Known as the preferred bank for Micro, Small, and Medium Enterprises (MSMEs) in Nigeria, Wema Bank has built a reputation for offering a range of impactful financial products, digital solutions, and advisory services tailored to meet the needs of businesses across the country. Notably, its women-focused initiative, SARA by Wema, supports women entrepreneurs through targeted financial solutions and healthcare packages, helping them scale and thrive in business.
Commenting on the awards, Wema Bank’s MD/CEO, Moruf Oseni, emphasized the bank’s dedication to empowering MSMEs, stating, “MSMEs are critical to Nigeria’s economy, driving innovation and employment. At Wema Bank, we are committed to providing accessible, affordable, and reliable solutions for businesses of all sizes, especially women-owned enterprises. These awards are a testament to our mission to empower lives through innovation, and we will continue to deliver value and solutions that help businesses succeed.”
Wema Bank’s ongoing efforts to support SMEs and women entrepreneurs solidify its position as a leader in SME finance in Africa, promising continuous growth and innovation in banking services.
Businesses interested in accessing the Bank’s tailored range of finance options and business-centric solutions are encouraged to visit https://wemabank.com/smes or send an email to smehelpdesk@wemabank.com to get started.
Funmilola Faleye is a Digital Marketing Specialist(with SEO and word press knowledge), Artificial Intelligence (AI) Enthusiast, Personal Branding Manager, and Public Relations Manager. She writes everything tech and general pop culture. She sees and talks with her pen.