10 Things To Know About The Alat Xplore App Powered By Wema Bank

Wema Bank, Nigeria’s foremost innovative app and pioneer of Africa’s first fully digital bank, ALAT, is changing the game with the launch of the ALAT Xplore App, Nigeria’s first licensed banking app for teenagers.

The ALAT Xplore App, set to officially launch on Saturday, October 26, 2024, is now available on the PlayStore and App Store.

Here are 10 things you need to know about the ALAT Xplore App, as the App promises to be a gamechanger:

• The ALAT Xplore App is designed for Teenagers ages 13-17.

• The ALAT Xplore App is available on PlayStore and App Store.

• For a teenager to use the ALAT Xplore App, their parent or guardian must open an ALAT Xplore Account for them using the ALAT App, and give approval for them to use the ALAT Xplore App.

• ALAT Xplore App offers teenagers a debit card issued in their own name, not the parent/guardian’s name.

• The ALAT Xplore App can be customised by the teenagers based on their preference.

• The ALAT Xplore App can be used anywhere in the world.

• There is no limit to the amount that a teenager can access on the ALAT Xplore App, provided the parent has funded the wallet with that amount. If the parent funds the wallet with N1,000,000 the teen can access N1,000,000.

• Parents can monitor ALAT Xplore App transaction activity via their ALAT App.

• Any teenager can download the ALAT Xplore App but only teens with parental approval can fully onboard.

• ALAT Xplore App has a “Request Money” feature where teens can request money from their parents in-app.

To get started on the ALAT Xplore App, teenagers are to download the App on the

PlayStore or App Store, provide the required details and request their parent or guardian’s permission via the link in the App.