# Women Entrepreneurs Finance Initiative

> Women Entrepreneurs Finance Initiative is a VC fund backing Banking. See 5 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Washington, United States
- Total investments: 5
- Last investment: Feb 2024
- Lead investor: 80%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/women-entrepreneurs-finance-initiative
- Website: http://we-fi.org/

Women Entrepreneurs Finance Initiative is a VC fund in Washington focused on Banking and Financial Services. We-Fi is collaborative partnership among government.

## Contacts

5 contacts available for Women Entrepreneurs Finance Initiative. Shizune tracks 1 team members at Women Entrepreneurs Finance Initiative. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/women-entrepreneurs-finance-initiative?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Grant | $200k–$15M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Banking | 3 | 60% |
| Financial Services | 2 | 40% |
| B2B | 1 | 20% |
| Finance | 1 | 20% |
| E-Commerce | 1 | 20% |

7 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 3 | 60% |
| Series B | 1 | 20% |
| Debt Financing | 1 | 20% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Nigeria | 2 | 40% |
| Tunisia | 1 | 20% |
| Uzbekistan | 1 | 20% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Tone Lunde Bakker | Leadership Champion | 0 | https://shizune.co/investors/profile/tone-lunde-bakker |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Ipoteka Bank | Ipoteka 94% state-owned bank, is fully involved in policy reforms and state development programs in Uzbekistan. | $19.9M | Debt Financing | Feb 29, 2024 |  |
| Ipoteka Bank | Ipoteka 94% state-owned bank, is fully involved in policy reforms and state development programs in Uzbekistan. |  | Grant | Feb 29, 2024 |  |
| First City Monument Bank | First City Monument Bank (FCMB) Ltd is a full service banking group, headquartered in Lagos, Nigeria with the vision to be the Premier Financial Services Group of African origin. | $200K | Grant | Oct 20, 2022 |  |
| African Development Bank | African Development Bank operates as a multilateral development finance institution in Africa. It finances development projects and programs in collaboration with national and international development institutions. The bank provides technical assistance for project selection, study, and preparation. It facilitates investments from the public andprivate sectors in initiatives aimed at economic and social progress. The African Development Bank serves the development finance and economic growth sectors. | $15M | Grant | Apr 26, 2022 |  |
| TradeDepot | TradeDepot is an end-to-end distribution platform that connects the world's top consumer goods companies directly to retailers on the streets of Africa's cities. With its headquarters in Lagos, Nigeria, TradeDepot’s aim is to build the largest retail distribution network in Africa. The company was founded in 2016, with a mission toimprove milk distribution to smaller retailers on the continent, using technology. Today, the company is scaling the same technology to improve the distribution of food, beverages and personal care products to retailers, and to improve livelihoods for these retail store owners. | $10M | Series B | Jul 14, 2020 |  |

5 of 5 investments shown.

## Co-investors
- [IFC Venture Capital Group](https://shizune.co/investors/profile/ifc-venture-capital-group) — VC Fund, 2 deals together
- [African Development Bank](https://shizune.co/investors/profile/african-development-bank) — VC Fund, 1 deal together
- [Chandaria Capital](https://shizune.co/investors/profile/chandaria-capital) — VC Fund, 1 deal together
- [European Bank for Reconstruction and Development](https://shizune.co/investors/profile/european-bank-for-reconstruction-and-development-ebrd) — VC Fund, 1 deal together
- [MSA Capital](https://shizune.co/investors/profile/msacap) — VC Fund, 1 deal together
- [MSA Novo](https://shizune.co/investors/profile/msa-novo) — VC Fund, 1 deal together

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## FAQ

### What does Women Entrepreneurs Finance Initiative invest in?

Women Entrepreneurs Finance Initiative invests primarily in Banking, Financial Services and B2B startups, most often at Grant and Series B stage. Most of the 5 investments tracked by Shizune back companies in Nigeria. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Women Entrepreneurs Finance Initiative's check size?

Women Entrepreneurs Finance Initiative typically joins rounds of $200k–$15M at Grant. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Women Entrepreneurs Finance Initiative participates in.

### How do I contact Women Entrepreneurs Finance Initiative?

Public channels for Women Entrepreneurs Finance Initiative include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Women Entrepreneurs Finance Initiative?

The team at Women Entrepreneurs Finance Initiative includes Tone Lunde Bakker (Leadership Champion). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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