ALAT – Company Information & Legitimacy Check

Who is behind ALAT, who owns it, and how to verify the lender is safe before you borrow in Nigeria.

ALAT is the digital banking platform of Wema Bank Plc, one of Nigeria's oldest regional banks. ALAT was launched in 2017 as Nigeria's first fully digital bank.

Is ALAT legit and safe?

ALAT is operated by Wema Bank Plc (ALAT), registered at Wema Towers, 54, Marina, Lagos. Because it is backed by a licensed bank, its lending falls under that bank's regulatory supervision. Before applying, always confirm the lender on the official CBN and FCCPC lists and apply only through the official website alat.ng to avoid loan-app scams and clones.

Who owns ALAT?

ALAT is owned and operated by Wema Bank Plc (ALAT). You can review the full loan terms, interest rates and reviews on the ALAT loan page.

Company information

BrandALAT
Operated byWema Bank Plc (ALAT)
AddressWema Towers, 54, Marina, Lagos
Loan amount₦10K – ₦200K
Interest from3.00% / month
Official websitehttps://alat.ng

FAQs about Wema Bank Plc (ALAT)

ALAT is operated by Wema Bank Plc (ALAT), registered at Wema Towers, 54, Marina, Lagos. Before borrowing, confirm the lender on the Central Bank of Nigeria (CBN) approved list and the FCCPC digital-lenders register, and only apply through the official website https://alat.ng.
ALAT is owned and operated by Wema Bank Plc (ALAT).
ALAT is backed by Wema Bank Plc (ALAT), a licensed bank in Nigeria, so its lending falls under that bank's regulatory cover.