About VFD Microfinance Bank
VFD Microfinance Bank is a company based in Lagos (Nigeria) founded in 2016. It operates as a B2C. VFD Microfinance Bank operates in a competitive market with competitors including Gojo, AB Microfinance Bank Nigeria, Lavender Microfinance Bank, Accion Microfinance Bank and Seedvest MFB, among others.
- Headquarter Lagos, Nigeria
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Sectors
Financial Services
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Phone
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of VFD Microfinance Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by VFD Microfinance Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - VFD Microfinance Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vfd Microfinance Bank Comparisons
Competitors of VFD Microfinance Bank
VFD Microfinance Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gojo, AB Microfinance Bank Nigeria, Lavender Microfinance Bank, Accion Microfinance Bank and Seedvest MFB, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Microcredit is extended to individuals and businesses in need.
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| domain | founded_year | HQ Location |
Financial products are offered to micro, small, and medium enterprises.
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| domain | founded_year | HQ Location |
Offers personal and business banking, loans, mobile apps, and online financial services.
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| domain | founded_year | HQ Location |
Microfinance services are extended to low-income clients in Nigeria.
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| domain | founded_year | HQ Location |
Offers loans and banking services to SMEs and women entrepreneurs in Nigeria.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about VFD Microfinance Bank
When was VFD Microfinance Bank founded?
VFD Microfinance Bank was founded in 2016.
Where is VFD Microfinance Bank located?
VFD Microfinance Bank is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
What does VFD Microfinance Bank do?
VFD Microfinance Bank, founded in 2016 in Lagos, Nigeria, focuses on finance, banking, microfinance, and offering financial products and advice. Operates as a microfinance bank offering accessible financial services to individuals. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of VFD Microfinance Bank?
VFD Microfinance Bank's top competitors include Gojo, AB Microfinance Bank Nigeria and RIGO Microfinance Bank.
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