‘Wema Bank’s ALAT is Africa’s best’

ALAT, a digital bank powered by Wema Bank has been named the “Best Mobile Banking App” and “Best Digital Bank for 2017” in this year’s World Finance Digital Banking Awards.

The recognition by World Finance, a global print and online media platform which provides comprehensive commentary and analyses of the global economy, is the latest in a series of awards with the introduction of ALAT into the African banking space.

Last year, ALAT was named the Digital Banking Platform of the year by Business Day newspaper. The Bank also won an award for Excellence in branchless banking in the New Age Banking Awards and was nominated as the best innovative digital solution in Nigeria by the World Summit Awards.

ALAT, Nigeria’s first fully digital bank, is a branchless, paperless bank which provides financial services through its Android, iOS and web applications. It was designed in response to the growing needs of Nigerians for a financial institution that understands their needs, responds quickly to them and helps them save money.

Global Finance will confer the Best Mobile Banking App and Best Digital Bank awards on the sidelines of the World Economic Forum Africa (WEFA) 2018.

Commenting on the awards, the Managing Director/Chief Executive Officer of Wema Bank, Segun Oloketuyi said the organization is delighted to earn such a global recognition so early in the existence of ALAT.