Saving on Aladdin: All Your Important Questions Answered

Aladdin Digital Bank
2 min readApr 29, 2021

There have been financial schemes where people have lost their hard earned money. At Aladdin digital bank, we understand this problem and we have put together this article to answer all your pressing questions about saving with us.

What makes Aladdin different from other digital banks?

Aladdin is a financial technology company that aims to become the first Marketplace digital bank in Africa. Our mission is for Africans on one platform to be able to save, get loans, make payments and sell products and services on the digital app.

Is my money safe?

Aladdin Digital Bank is also powered by PurpleMoney Microfinance Bank and is regulated by the Central Bank of Nigeria.

As regards the safety and security of savers' funds, deposits are insured by the Nigerian Deposit Insurance Corporation (NDIC), which protects depositors against the loss of their insured deposits.


The Aladdin digital bank app is available on Google Playstore with over 20,000 user downloads within three months of our app launch.

How much will I earn on my savings?

Aladdin allows you to save on your own terms, all you need to do is decide which savings plan works for you (Flexi, Fixed, or Goal Savings) and earn up to 16% p.a on your savings yearly.

Start your savings on Aladdin today. Click here to download the Aladdin Finance app



Aladdin Digital Bank

Bank differently on Aladdin, a digital banking platform where you can save, borrow, pay, and invest Visit to get started today