May 20, 2022


Accounting + Finance Blog

Wema Bank Internet Banking Platform Alat reaches 20 Billion Naira Transaction Volume in 2017


Wema bank internet banking platform and services carries out internet banking transaction volume of 20 billion Naira. The report was made available by Mr. Philip Ese, Wema bank head of Innovation.

He said, “One of the things I’m most grateful for in 2017 is being part of the and Wema bank team. Eight months since launch, almost 200,000 accounts, more than NGN1.1Billion saved and more than NGN20Billion in transaction volume, across more than 1Million transactions.”

He also mentioned that out of the 200,000 account holders only ten percent are Wema bank customers.

He hopes that this year 2018, the fintech, will perform better.

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