ALAT, the digital platform of Wema Bank, has won Nigeria’s Best Digital Bank at the Euromoney Awards 2025. The Euromoney Awards, pioneered by Euromoney, are regarded as the ultimate accolade in banking; the industry-leading stamp of approval that banks across the globe work yearlong to achieve.
The award was presented at The Peninsula London Hotel in London.
In a statement, the ALAT’s CEO, Moruf Oseni, expressed appreciation to the Euromoney Awards for recognising the Bank’s impact on the proliferation of digital innovation in Africa.
He also reiterated the bank’s commitment to its sustainability vision of developing digital solutions for societal impact. “The world is moving fast and so is the permeation of ‘digital’ into the most critical aspects of our lives.
80 years ago when Wema Bank was established, typewriters were the extent of banking technology. “Today, we have pioneered a fully digital bank, and possess technology advanced enough to power over 150 FinTechs. In 10 years, one can only imagine what this fast-paced digital economy will bring.
“One thing is clear, any business, venture or institution that will remain relevant by the end of the next decade, must leverage digital technology today. This is why Wema Bank is so driven when it comes to digital. Innovation and empowerment,” he said.
He stressed that bank will not relent in empowering lives through innovation and developing digital solutions for societal impact. “We will continue to pioneer innovation, empower innovators and bridge the gap between traditional and digital, leveraging the opportunities of the digital world to generate meaningful impact on lives and businesses in Nigeria, Africa and across the world.
“We have remained resilient in this commitment since 1945 and this award tells us that the world is feeling our impact. We are honoured by this recognition, and I take this opportunity to extend our sincerest gratitude to the Euromoney Awards.
SOURCE: vavalue.com