It’s been over three years since we launched the very first fully digital bank in Nigeria and as our 4th anniversary draws close, we thought what better time than now to list some ways we made life easier for you.
Even before the global pandemic hit, our services already ensured that you didn’t have to wait in a long queue or fill confusing forms to open an account or make a transaction. After the COVID-19 hit, we thought of more ways to help people avoid physical contact by introducing self-help services that allow you to solve some basic transaction issues on your own and NIN validation that allows you to retrieve your national identification number on the ALAT app for just N100.
We’ve all been in situations where we either needed our family or friends to send us money or perhaps we were the ones doing the sending. As far as online transfers go, we have stayed on top of things, so much so that we got mentioned in a list of 15 apps Genz and Millenials need to survive.
Sometimes certain bills, especially in emergencies, can’t wait till the next paycheck comes, and this can frustrate you, especially when payday is only a few days away. So we gave a lot of thought to fix this problem and this brought about our loans feature. Here you get to pick which loan works best for you in terms of interest rates and repayment timelines, all with zero paperwork.
It’s no news how unstable the naira has been for a while, and although some people have access to earn in dollars, it was unfortunate they still got subjected to the reality of our currency once their money was converted. Well, that’s a thing of the past now. We have introduced the dollar goals feature that allows people with existing domiciliary dollar accounts to save their dollars on ALAT and earn interest while at it.
If there was anything the lockdown taught us last year, it is the importance of saving for a rainy day. It pleased us to see several users flexing off their savings on our Flexi Goal feature, which also got recognized as a potential game-changer this year.
At this point, we don’t have to tell you how much you’re missing if you’re yet to create an ALAT account. Download the app for IOS or Android, pick one or more of our features, and get started today.