Wema Bank fosters innovation in Healthtech, Edtech sectors

Wema Bank has partnered with Emergency Response Africa (ERA), a HealthTech startup offering digital platform for first aid responder services, and Dozzia, an innovative EdTech startup that provides safety management system designed to collect and store accurate data for schools, parents and their wards.

The initiative, according to the financial institution underscored the bank’s commitment to nurturing entrepreneurial ventures of Startups within the Health and Education Tech sectors, cementing its position as a catalyst for transformative change.

“Wema Bank’s dedication to propelling growth and fostering innovation in the HealthTech and EdTech sectors is manifest through its steadfast support of startups across diverse verticals.

“Recognising the immense potential of technology-driven solutions in healthcare and education, the bank has taken decisive strides to provide comprehensive assistance, encompassing financial backing, mentorship, strategic guidance, and marketing expertise,” the bank said.

Executive Director of Retail and Digital Business, Wema Bank, Tunde Mabawonku speaking during the meet and greet with ERA and Dozzia, expressed his enthusiasm for the burgeoning partnership, stating, “We are privileged to witness the extraordinary potential and groundbreaking solutions presented by these remarkable HealthTech and EdTech startups.

“Wema Bank remains resolute in empowering these visionary entrepreneurs by providing robust financial support, strategic guidance, and access to our extensive network. We firmly believe that their innovative solutions have the capacity to revolutionize the healthcare and education sectors, fostering positive societal impact and driving economic growth.”

He added that Wema Bank’s steadfast commitment to nurturing startups in the HealthTech and EdTech positions the institution as a formidable force driving progress in these industries.

“By extending vital financial resources, industry expertise, and collaborative opportunities, the bank actively cultivates an ecosystem conducive to innovation, growth, and long-term sustainability.

“As Wema Bank spearheads the charge for innovation and advancement, Nigeria’s HealthTech and EdTech sectors can anticipate unprecedented breakthroughs and transformative solutions that will shape the future of healthcare and education.

“Through strategic partnerships, visionary leadership, and unwavering support, Wema Bank remains at the forefront of driving positive change and empowering the next generation of trailblazing startups.”