Comparison

ALAT vs eLendly

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

ALAT

This digital banking app offers a comprehensive suite of financial services, including bill payments, money transfers, savings options, and access to loans and insurance. It provides secure login, transaction tracking, and card management features for a seamless banking experience.

Highlights
  • Digital banking services
  • Bill payments and scheduling
  • Local and international money transfers
  • Personal and group savings
  • Access to loans and insurance
  • Card management and security
  • Travel bookings and deals
Features
Read full description

Welcome to ALAT, Africa’s first fully digital bank and home to millions of Nigerians who trust ALAT for swift, seamless, reliable, convenient and secure banking tailored to their daily needs, designed for their financial success and fortified to ensure financial security. Here what can do on ALAT: - Enjoy Travel Bookings, Deals, Discounts & Rewards, affordable Insurance plans, low-interest loans, personal and group savings options, affordable healthcare & more. - Effortlessly log in using Touch ID, Face ID, or unique password. - Take control of your finances by scheduling bills and monitoring pending payments, checking balances, tracking your expenses, gaining insight into your spending habits and more! - Set up Direct Debits and Standing Orders without stress. - Seamlessly transfer money and make payments locally & internationally. - Receive money both in Naira and foreign currency from any part of the world. - Stay informed and up to date on all account activity with instant notifications. - Set up your PIN or reset PIN whenever needed. - Request a new card, report lost or stolen cards, freeze cards, and order replacements with ease. - Quickly locate and review transactions and account statements. - Keep your contact details updated without stress; and more! OUR JOURNEY Since its release in 2017, ALAT has expanded its range of solutions to cater to the evolving needs of every user, empowering you with an encompassing banking experience that extends across diverse aspects of need. EXPLORE: 1. Deals & Discounts from your favourite top brands; enjoy much more for less! 2. Seamless creation and management of multiple accounts including your ALAT Account, Domiciliary Account, Royal Kiddies Account (for children ages 0-12), ALAT Xplore (Teens 13-17), Current Account & Domiciliary Account(s). 3. Easy low-interest loans tailored to your needs. Terms & conditions apply. 4. Flexible electricity, cable & other bill payments and never miss a due date! 5. Personal and Group Savings on ALAT Goals. Saving alone or with others has never been easier! 6. Virtual & physical debit, credit, utility & other cards with convenience and security, online or in-store. 7. Local & international flights via “Travels”, and affordable insurance plans via “Insurance”! 8. Customised Customer Support. Protection The security of your funds and data are top priority so we use the high-level encryption to protect your personal and financial information. Here are some extra layers of security we apply: 1. Insuring your money Every Deposit made on ALAT is insured by the Nigeria Deposit Insurance Corporation (NDIC). 2. Transaction Screening We use our proprietary systems and international databases to detect and prevent sanction violations, money laundering and fraud in transactions. 3. Security Certifications WEMABANK is certified by PCIDSS to ensure the security of users' card-related transactions against data theft and fraud. We have also received formal recognition from the National Information Technology Development Agency (NITDA) for our compliance with the Nigeria Data Protection Regulation (NDPR) data protection and privacy laws. 4. Fraud Protection In addition to our automated systems, ALAT’s Compliance, Transaction Monitoring, Issue Resolution, and Fraud Prevention Teams, work full-time to intercept suspicious transactions, freeze suspected fraudsters’ accounts, carry out further investigations and follow up with reports. CONTACT US! We are always excited to hear from you. For feedback, questions, or concerns, reach us via: 1. Helpline: 07000PURPLE (07000787753) 2. Email: purpleconnect@wemabank.com 3. Website: https://wemabank.com/ To stay informed and never miss an update, follow us on Facebook, Twitter & Instagram: @wemabank & @alat_ng; TikTok: @wemabank

About

eLendly

Manage your financial life by automating subscriptions, lending and borrowing with friends, and tracking your overall finances. This app provides a centralized platform for personal financial management.

Highlights
  • Automate subscriptions
  • Lend and borrow with friends
  • Track finances
  • Investment tracking
Features
Read full description

Automate your subscriptions, Lend/Borrow from a friend and track your finances

Screenshots

ALAT4 screens
eLendly4 screens

Verdict

The call

The clearest difference is rating: ALAT at 3.5 against eLendly's 2.2. ALAT also leads on ratings volume (2.4K vs 49) and review sentiment (28% vs 7%). On price, update cadence, ads and in-app purchases there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

ReceptionRating · Positive reviews · Number of ratings

ALAT holds the better App Store score, 3.5 against 2.2. That said, the two scores are not equally well evidenced: ALAT has 2.4K ratings behind it against 49, so its average is the more settled of the two. Written reviews point the same way: 28% of ALAT's written reviews are positive against 7% of eLendly's.

UpkeepUpdate frequency

ALAT ships an update every 6 weeks, eLendly every 2 months. The most recent releases landed on October 13, 2026 and October 3, 2026 respectively.

Scorecard3 real differences · 7 level
ALAT versus eLendly: the parameters behind the verdict, then further details
ParameterALATeLendly
PriceFreeFree
Rating3.5 (2.4K ratings) — better2.2 (49 ratings)
Positive reviews27.7% of reviews — better6.7% of reviews
Number of ratings2.4K — better49
Update frequencyEvery 6 weeks — betterEvery 2 months
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPodiPhone, iPad, iPod — better
Requires iOS13.012.0 — better
Further details — not scored
Size233 MB70 MB
Age rating4+4+
DeveloperWema Bank PlcElendly Limited

Customer experience

ALAT

All ratings2,364 ratings
Positive58.0%
Neutral10.1%
Negative31.9%
Written reviews260 reviews
Positive27.7%
Neutral7.7%
Negative64.6%

eLendly

All ratings49 ratings
Positive26.5%
Neutral8.2%
Negative65.3%
Written reviews15 reviews
Positive6.7%
Neutral0.0%
Negative93.3%

Bugs and requests

ALAT

Reported bugs

4 issues
  • Login issues after app updates
  • Inability to create transaction PIN
  • Debit card activation problems
  • Funds not reflecting in account

Requested features

4 requests
  • Facial recognition login
  • Improved transaction history
  • Ability to hide account balance
  • Seamless integration with other bank accounts

eLendly

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

ALAT

No in-app purchases

None

eLendly

No in-app purchases

Questions

Is ALAT free?
ALAT is free to download, with no in-app purchases.
Is eLendly free?
eLendly is free to download, with no in-app purchases.
Which has better reviews, ALAT or eLendly?
ALAT is rated higher. ALAT averages 3.5 out of 5 from 2.4K ratings, while eLendly averages 2.2 from 49 ratings.
Do ALAT or eLendly have ads?
Neither ALAT nor eLendly shows ads.
Which is updated more often, ALAT or eLendly?
ALAT ships an update every 6 weeks, and eLendly every 2 months. Most recently, ALAT was updated on October 13, 2026 and eLendly on October 3, 2026.

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