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Sterling Bank

Sterling Towers, 20 Marina, Lagos, 100221, Nigeria

Overview

Dedicated banking services provider for clients and customers.

Founded

1960

Deals ยท 12mo

0

Links

WebsiteLinkedInX (Twitter)

Stage focus

Debt

Geographic focus

Nigeria
United States

Sector focus

Banking
Finance
Financial Services
Lending

Investment portfolio

2rounds
NAMEDATESIZE
Nexus W2V
Dec 2024Participated
$75 MOther Equity
Decagon
Aug 2021Participated
$27 MDebt
Nexus W2V
Dec 2024Participated
$75 MOther Equity
Decagon
Aug 2021Participated
$27 MDebt
2
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Insights

Time horizon

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Deal Distribution

Sterling Bank: 2 funding rounds are recorded in the selected participation categories.All available history.
Sterling Bank: 2 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Other Equity01
Debt01

Monthly Deal Activity

Sterling Bank: 2 deals are recorded across 63 months.All available history.
Sterling Bank: 2 deals are recorded across 63 months. All available history
MonthDeals
Aug '211
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '241
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Sterling Bank: Professional Services is the largest displayed sector by deal count (2 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Sterling Bank: Professional Services is the largest displayed sector by deal count (2 deals). All available history
SectorDeals
Professional Services2
Networks, Cloud & Communication1
Education & Workforce1
Enterprise Software1
Clean Energy & Sustainability1

Deal Size Distribution

Sterling Bank: 2 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Sterling Bank: 2 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M0
$10M-$25M0
$25M-$50M1
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Sterling Bank: United States has the largest recorded deal count among the displayed regions (1 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Sterling Bank: United States has the largest recorded deal count among the displayed regions (1 deals). All available history
RegionDeals
United States1
Nigeria1
Sterling Bank: 7 co-investors are shown, with Ameris Bank sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Sterling Bank: 7 co-investors are shown, with Ameris Bank sharing 1 recorded deals. All available history
Co-investorShared deals
Ameris Bank1
Kepple Africa Ventures1
Nexus Development Capital1
Nexus Holdings1
Orion Infrastructure Capital1
Timon Capital1
UAV1

Investment Strategy

Sterling Bank: Led accounts for 0% and participating for 100% of round participation.All available history.
Sterling Bank: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating2100%
Sterling Bank: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
Sterling Bank: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Abubakar Suleiman

CEO

Kelechi Okeke

Head CX Measurement

Shalom Chuks-Nwoko

Strategy and Innovation