ALAT vs PointoneMFB Mobile
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
PointoneMFB Mobile
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Unlock loans, savings and much more with the PointoneMFB App Mobile business bank accounts. Money transfers & POS. Business loans, Bills payment & Airtime PointoneMFB provides businesses with access to mobile business banking solutions that enables them to create their own business bank account, accept online and offline payments, purchase airtime, pay utility bills, transfer money, request expense cards, and qualify for business loans. BUSINESS BANKING SOLUTIONS FOR EVERY BUSINESS & AGENT PointoneMFB Business Bank provides simple yet effective solutions for businesses and agents, so you can manage bills, request loans, buy airtime, manage business money transfer operations and grow without limits: - Business Bank account. Now, you can get a business bank account in your business name right from your phone with our easy business banking solution. - Business savings plans: Save money smartly with our savings plans, tailored to your business needs. - Send and receive money: Send money to business or any money transfer effortlessly & with no hidden charges; you have complete control over your bank account, ensuring your funds reach their intended recipients quickly and securely from your business account. - POS terminals: Receive card and bank transfer payments easily with the PointoneMFB POS. Request for a POS terminal right from the app and have it delivered to your doorstep within 48 hours. - Working capital loans: PointoneMFB offers working capital loans for businesses with effective interest rates. Our business loans are easy to qualify for and can be used for a variety of purposes such as inventory, expansion, or payroll. Apply in as little as 5 minutes and get a decision on loan approval within 48 hours. Our online loan application is available 24/7! - Airtime & Data Purchase with Cashback: For each time you purchase airtime and data directly from the app. THE BEST BUSINESS BANKING SOLUTION TO MANAGE YOUR BUSINESS BANK ACCOUNT Experience the better way to bank your business and much more, all within the PointoneMFB Business Banking app. PointoneMFB’s mobile banking interface guarantees a seamless business banking, empowering you to focus on what matters most: growing your business. From the app you will be able to manage your business with operational tools like expense cards, accounting and bill payment solutions for businesses to run seamlessly. PointoneMFB started as an agent banking network but has evolved to a business and personal banking provider. At PointoneMFB, we are dedicated to empowering businesses like yours with access to working capital loans they need to grow their business. PointoneMFB Microfinance Bank is the definitive bank for small and medium-sized businesses in Nigeria and is regulated by the Central Bank of Nigeria (CBN) Contact us Our committed support team is prepared to assist you. - Office address: Head office, 23, Odozi Street Ojodu, Lagos State - Contact number: 0707 974 5532 - Raise a help ticket within the app - Email: info@pointonemfb.com.ng - Visit: https://pointonemfb.com.ng/ - LinkedIn: https://www.linkedin.com/company/pointonemfb/ - Twitter: https://twitter.com/pointonemfb - Facebook: https://web.facebook.com/pointonemfb - Instagram: https://www.instagram.com/pointonemfb/ Privacy policy Visit our privacy policy page to learn more about the terms of service. https://pointonemfb.com.ng/privacy.php Within the PointoneMFB Business Banking app you can create your business bank account in minutes, receive or send money instantly, buy airtime, pay bills & POS terminals in less than 48h, on top of working capital loans for your convenience. Join us and embark on a journey of financial growth, unlock your full potential and join our community. Become a PointoneMFB business owner or agent today!
Screenshots
Verdict
The clearest difference is update cadence: PointoneMFB Mobile at every 3 weeks against ALAT's every 6 weeks. ALAT's advantage is iOS requirement (13.0 vs 15.1). On price, ads, in-app purchases and device support 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.
ALAT ships an update every 6 weeks, PointoneMFB Mobile every 3 weeks. The most recent releases landed on October 18, 2026 and October 4, 2026 respectively.
| Parameter | ALAT | PointoneMFB Mobile |
|---|---|---|
| Price | Free | Free |
| Rating | 3.5 (2.4K ratings) — better | — |
| Positive reviews | 27.8% of reviews | — |
| Number of ratings | 2.4K — better | — |
| Update frequency | Every 6 weeks | Every 3 weeks — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | — |
| Devices | iPhone, iPod | iPhone, iPad, iPod — better |
| Requires iOS | 13.0 — better | 15.1 |
| Further details — not scored | ||
| Size | 233 MB | 42 MB |
| Age rating | 4+ | 4+ |
| Developer | Wema Bank Plc | Pointone Microfinance Bank Limited |
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
PointoneMFB Mobile
Not enough reviews yet to summarise bugs or requests.
In-app purchases
ALAT
No in-app purchases
PointoneMFB Mobile
No in-app purchases








