Wema Bank Launches ALAT Xplore, Nigeria’s First Banking App for Teens

Wema Bank’s ALAT Xplore App introduces Nigeria’s first teen banking platform, fostering financial literacy early.

Wema Bank, Nigeria’s foremost innovative app and pioneer of Africa’s first fully digital bank, ALAT, is breaking new ground by pioneering yet another industry first; the ALAT Xplore App, Nigeria’s first licensed banking app for teenagers.

The ALAT Xplore App is giving teenagers the opportunity to test the app, explore its functionalities and leverage the unique range of solutions tailored to their needs as teenagers, ultimately equipping them with practical financial management prowess as they journey from childhood to adulthood.

With the ALAT Xplore App, finance management becomes more interesting for teenagers and interwoven into their lifestyles, giving them a head-start in their journey to financial success. The ALAT Xplore App features a seamless onboarding experience, offers savings goals that help Teens save towards specific targets, allows airtime and data purchases, incorporates widgets that allow teens customise the App’s interface based on their preferences and, going several steps further, allows teenagers access a debit card issued in their name.

Excerpt from Wema Bank’s Blog Post

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