Home/Tag:banking in Nigeria

ALATbyWema Receives ‘Best Digital Bank in Africa Award

ALATbyWema, Africa’s first fully digital bank, has been named 'Best Digital Bank in Africa' at the 2018 Asian Banker Awards. Wema Bank launched ALAT in May 2017 to provide digital banking services for students, entrepreneurs and professionals in Nigeria. ALAT, a branchless bank with apps available on Google Play, the Apple App Store and www.online.alat.ng, [...]

2018-04-16T11:55:05+00:00

Wema Bank secures $35m from international lenders to fund SMEs

Wema Bank Plc. has signed a Line of Credit Agreement with the African Development Bank (AfDB) to grow financial support to small and medium scale businesses in Nigeria. The innovative bank, which pioneered Africa’s first fully digital bank ALAT, confirmed that AfDB has already disbursed the $15 million agreed with the multilateral development finance institution. [...]

2018-04-16T11:44:23+00:00

ALAT By Wema is Africa’s Best Digital Bank

ALAT, the 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 World Finance Digital Banking Awards celebrate organizations that lead the way with digitalization while meeting consumer demands and mitigating against accompanying risks along the [...]

2018-04-16T11:48:33+00:00
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