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Wema’s ALAT named Africa’s best digital banking app

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

The World Finance Digital Banking Awards celebrate organisations that lead the way with digitalisation while meeting consumer demands and mitigating against accompanying risks along the way.

The lender in a statement said the recognition by World Finance, a global print and online media platform which provides comprehensive commentary and analyses of the global economy, was the latest in a series of awards the digital bank had won.

Last year, ALAT was named the Digital Banking Platform of the Year by Business Day, the statement noted.

The bank also won the Excellence in Branchless Banking Award in the New Age Banking Awards and was nominated as the Best Innovative Digital solution in Nigeria by the World Summit Awards.

According to the statement, Global Finance will confer the awards on the sidelines of the World Economic Forum Africa 2018.

Commenting on the awards, the Managing Director/Chief Executive Officer, Wema Bank, Segun Oloketuyi, was quoted as saying, “We are delighted to earn such a global recognition so early in the existence of ALAT.

“To us, they are not merely a reward for the hard work but also an incontrovertible evidence of Wema Bank’s new place as a leader in banking innovation in Africa.”

He added, “We have developed in-house capacity and capabilities to enable us provide best-in-class digital banking services across all touch points.”

“ALAT was conceived and developed by Nigerians, but today the world has accepted it and we are starting to enjoy international recognition.”

The Head, Brand and Marketing Communications, Wema Bank, Funmilayo Falola, said, “ALAT is not just a bank, it’s a lifestyle. It is a bank created to help customers achieve their personal and financial goals, in line with Wema Bank’s vision to be the financial institution of choice in service delivery and superior returns.”

“The future of banking is digital, and Wema Bank is backing this belief by ditching the corporate dogma and taking proactive steps towards bringing tomorrow’s banking to today’s customers.”