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Bank
FINANCE | Retail Banking
fcmb.com

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Investments

9

Portfolio Exits

1

Partners & Customers

3

About First City Monument Bank

First City Monument Bank (FCMB) is a wholesale banking group with a niche retail banking franchise. It is headquartered in Lagos.

First City Monument Bank Headquarters Location

Primrose Tower, 17A, Tinubu Street

Lagos,

Nigeria

012793030

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First City Monument Bank Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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First City Monument Bank Rank

Latest First City Monument Bank News

Makinde inaugurates cassava-based sorbitol factory, firm targets 25,000 jobs

Aug 4, 2022

Seyi Makinde, governor of Oyo State, has inaugurated the first cassava-based sorbitol factory in Africa, built by Psaltry International Company Limited in Ado-Awaye, with a promise to intensify infrastructural development to ease the transportation of agricultural produce. The factory, funded by First City Monument Bank, under the Commercial Agriculture Credit Scheme of the Central Bank […] read more Makinde inaugurates cassava-based sorbitol factory, firm targets 25,000 jobs

First City Monument Bank Investments

9 Investments

First City Monument Bank has made 9 investments. Their latest investment was in CredPal as part of their Debt on March 3, 2022.

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First City Monument Bank Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/29/2022

Debt

CredPal

$15M

Yes

3

8/27/2020

Incubator/Accelerator - III

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10

8/27/2020

Incubator/Accelerator

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10

8/27/2020

Incubator/Accelerator

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10

8/27/2020

Incubator/Accelerator

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10

Date

3/29/2022

8/27/2020

8/27/2020

8/27/2020

8/27/2020

Round

Debt

Incubator/Accelerator - III

Incubator/Accelerator

Incubator/Accelerator

Incubator/Accelerator

Company

CredPal

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Amount

$15M

New?

Yes

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Co-Investors

Sources

3

10

10

10

10

First City Monument Bank Portfolio Exits

1 Portfolio Exit

First City Monument Bank has 1 portfolio exit. Their latest portfolio exit was MainOne on December 07, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/7/2021

Acquired

$99M

24

Date

12/7/2021

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

24

First City Monument Bank Partners & Customers

3 Partners and customers

First City Monument Bank has 3 strategic partners and customers. First City Monument Bank recently partnered with Green Africa Airways on September 9, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

9/29/2020

Partner

Nigeria

Green Africa and FCMB Form Strategic Partnership to Boost Air Travel

Also , the partnership will help to integrate First City Monument Bank 's payment gateway into Navitaire , which is Green Africa 's passenger reservation system provider .

1

12/8/2015

Partner

Nigeria

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10

2/14/2008

Vendor

United States

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10

Date

9/29/2020

12/8/2015

2/14/2008

Type

Partner

Partner

Vendor

Business Partner

Country

Nigeria

Nigeria

United States

News Snippet

Green Africa and FCMB Form Strategic Partnership to Boost Air Travel

Also , the partnership will help to integrate First City Monument Bank 's payment gateway into Navitaire , which is Green Africa 's passenger reservation system provider .

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Sources

1

10

10

First City Monument Bank Team

4 Team Members

First City Monument Bank has 4 team members, including current Chief Financial Officer, Kayode Adewuyi.

Name

Work History

Title

Status

Kayode Adewuyi

Chief Financial Officer

Current

Yemisi Edun

Managing Director

Current

Olayinka Oni

Chief Information Officer

Former

Patrick Iyamabo

Senior Vice President

Former

Name

Kayode Adewuyi

Yemisi Edun

Olayinka Oni

Patrick Iyamabo

Work History

Title

Chief Financial Officer

Managing Director

Chief Information Officer

Senior Vice President

Status

Current

Current

Former

Former

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