full digital banking service, named ‘ALAT’…and it is 100% digital. With ALAT,
account opening/sign-up can be done in five minutes from a mobile phone.
just your BVN and phone number (We’ll get to the unbanked in a few releases
down the line) in exactly 5mins (we timed this!)
existing local or international debit/credit card you may have, in-app. No
branch/ATM visits necessary
branch visits necessary
have same delivered to you within 2 business days anywhere in the country (at
ZERO cost for the card and for the delivery)
(or change an existing PIN) in-app. No branch or ATM visits necessary.
card gets used on and also what country your card gets used in.
mumsi’s stipend) and bills (e.g DSTV subscription) and forget about them.
ALAT’s got you.
interest on each goal, irrespective of the goal amount. Set your target, choose
your saving frequency and ALAT handles the rest…and makes you some good money
in the process.
experience about the first ever 100% digital banking in Nigeria.