ALAT vs Moremonee
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
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.
- 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
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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
Moremonee
This app offers financial solutions for personal and business growth, enabling quick payments, profit generation, and faster financial expansion. It provides business and personal accounts, referral bonuses, daily interest on balances, target savings, and supports Ajo business.
- Business and individual accounts
- Send and receive money
- Pay utility bills
- Buy data and airtime
- Target savings
- Referral bonuses
- Daily interest on balance
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Financial Freedom and Growth Moremonee MFB provides solutions that gives people the freedom to make quick and easy payments, make more profit and help them grow faster financially. * You get a personal and business accounts (The business account carries your registered business name) * You get referral code that gives you bonus anytime people use your code * You get interest on your account balance with us daily. * You can do target savings with the App * You can use the App for Ajo business Open a free business account with us today and say goodbye to the bank queues. Key features: 1. Get both Business and Individual bank account from anywhere without paper work 2. Send and Receive money: with ease you can now send money to business partners and family members without hidden charge. Very fast and secure. 3. Utility Bills: you can pay for all utility bills using moremonee app including DSTv, GOtv and EEDC among others 4. Buy Data and Airtime: we pay you commission on data and airtime Moremonee MFB App also has a dedicated Customer Experience Team to resolve any issue. We have been waiting for you to sign because you will have more money with Moremonee Bank APP. Thank you for using Moremonee MFB. We care, and at times of need , we will always be available to provide support. We keep implementing robust technology driven environment that allows personal and business growth. Sign Up || You are welcome
Screenshots
Verdict
The clearest difference is review sentiment: Moremonee at 66% against ALAT's 28%. Moremonee also leads on rating (3.7 vs 3.5). ALAT's advantage is ratings volume (2.4K vs 193). 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
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
Moremonee holds the better App Store score, 3.7 against 3.5. That said, the two scores are not equally well evidenced: ALAT has 2.4K ratings behind it against 193, 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 66% of Moremonee's.
ALAT ships an update every 6 weeks, Moremonee monthly. The most recent releases landed on October 17, 2026 and October 16, 2026 respectively.
| Parameter | ALAT | Moremonee |
|---|---|---|
| Price | Free | Free |
| Rating | 3.5 (2.4K ratings) | 3.7 (193 ratings) — better |
| Positive reviews | 27.7% of reviews | 65.5% of reviews — better |
| Number of ratings | 2.4K — better | 193 |
| Update frequency | Every 6 weeks | Monthly — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | Free |
| Devices | iPhone, iPod | iPhone, iPad, iPod — better |
| Requires iOS | 13.0 | 13.0 |
| Further details — not scored | ||
| Size | 233 MB | 126 MB |
| Age rating | 4+ | 17+ |
| Developer | Wema Bank Plc | Moremonee |
Customer experience
ALAT
Moremonee
User reviews
ALAT
From 2.4K App Store ratingsWhat we love
- 🚀 Fast and reliable
- 👍 User-friendly interface
- 💡 Innovative features
- 🔒 Secure banking
Room to improve
- 🐛 Frequent app crashes
- 🔍 Poor customer service
- 💰 High transaction fees
- ⚠️ Unreliable app performance
Moremonee
From 193 App Store ratingsWhat we love
- 🚀 Fast and reliable transactions
- 👍 User-friendly interface
- 💰 Convenient banking features
- 🔒 Secure platform
- 📈 Seamless money transfers
Room to improve
- 🔍 Poor customer support
- 🐛 Frequent app crashes
- ⏱️ Slow network connectivity
- 💸 Unexplained account deductions
- 🔒 Verification issues
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
Moremonee
Reported bugs
5 issues- Login screen freezes
- Delayed fund transfers
- Inability to withdraw funds
- Compatibility issues with older devices
- Incorrect account balance display
Requested features
5 requests- Biometric login options
- Customizable app settings
- Integrated bill payment system
- Improved transaction history
- In-app chat support
In-app purchases
ALAT
No in-app purchases
Moremonee
No in-app purchases








