# Neocash Mobile — Powered by Shepherd Trust

> Mobile loan application service for Lagos State residents. (iPhone/iPad app by Shephard Trust Bank.)

- Source: https://appshunter.io/ios/app/neocash-mobile/id6444277601 (this page in markdown: same URL + `.md`)
- Developer: [Shephard Trust Bank](https://appshunter.io/developer/1653545557)
- Category: Finance, Business
- Price: Free
- Rating: 3.00/5 from 2 App Store ratings · 14 written reviews indexed
- Age rating: 17+
- Requires: iOS 15.6 · 129 MB
- Languages: American English
- Released: 2024-07-19
- Data updated: 2026-08-05
- Monetization: ad-supported
- User reviews in markdown: https://appshunter.io/ios/app/neocash-mobile/id6444277601/reviews.md

## What is Neocash Mobile?

LAGOS STATE RESIDENTS ONLY
Whatsapp: 08081250499

₦5,000 to ₦25,000,000, apply in just 5 minutes!
No Collateral, No Guarantor, No Time!

NeoCash is a new app from Shepherd Trust Microfinance Bank. We have been providing financial services to all classes of Nigerians since 2011, and are now bringing the same quality customer service right into your hands. We are on a mission to give a human touch to digital banking and as we scale, we’re bringing with us the same people-centric, customer focused culture we’ve always strived to build locally.

Download our app now and apply for a loan in less than 5 minutes.

Why Use NeoCash?
- Borrow up to ₦5,000,000
- Choose your payment tenure
- Fast and easy access to loans, with no hidden charges
- Account is credited as soon as the loan is approved
- No collateral or guarantor needed for most loans
- NeoCash Loan App is extremely secure and reliable


Loan characteristics
Loan amounts from ₦5,000 to ₦5,000,000
Repayment period from 61 days to 12 months
APR from 30% to 120% per annum

 Loan Requirements
- A steady and verifiable source of income (Job or Business)
- Bank statement (to prove income)
- Gov't issued ID Card
- A good credit history


An example of a NeoCash loan
Borrow ₦100,000 over 3 months
Interest (total cost of the loan): ₦7,500 (2.5% rate)
Three monthly repayments: ₦35,833
Total amount payable: ₦107,500
Representative: 30% APR

## Key features

- Loan amounts from ₦5,000 to ₦5,000,000
- Flexible repayment periods
- Fast loan approval and disbursement
- No collateral or guarantor needed
- Secure and reliable loan service
- Human-touch digital banking

## Recent user reviews (10 of 14)

All indexed reviews: https://appshunter.io/ios/app/neocash-mobile/id6444277601/reviews.md

### 1/5 — They try to get into my bank account to move my money out

*2026-07-08*

They try to get into my bank app to move money out ….

**Developer response:** Dear Suspevfdvnk,

We ask to link your account using trusted open-banking third parties like mono or MBS so we can analyse your income pattern and determine if you can afford to repay the loan.

You also have the option to upload your bank statement directly if linking doesn’t work for you.

Neocash is a product of  Shepherd Trust MFB, a CBN licensed and regulated MFB operating in Nigeria for over 15 years.

We adhere to the strictest data protection regulations and do not use your data for anything except eligibility checks.

### 1/5 — Scam

*2025-12-31*

Waste of time scammers don’t link your bank

**Developer response:** We do not scam customers or misuse bank details. All information is protected under data-privacy regulations, and loan approvals are subject to eligibility.

### 1/5 — Rubbish

*2025-12-15*

Waste of time

**Developer response:** Hi, We’re sorry you feel this way. We appreciate your feedback and are always working to improve our service.

### 1/5 — To much questions

*2025-11-20*

Worst app ever

### 3/5 — Worst app

*2025-11-13*

How come I can’t open this app easy😌🥲

### 1/5 — Hmmm

*2025-11-01*

Why asking for my BVN when you know you won’t give me a loan.
Is there an ulterior motive huh.

### 1/5 — Don’t ever put your information on this app

*2025-10-16*

They are selling it to third parties who can use your details to perform fraudulent activities.. DONT EVER TRY TO LINK YOUR DETAILS!!!!

**Developer response:** Hi, This claim is incorrect. We do not sell or misuse customer data, and all personal information is protected under applicable data-privacy regulations. Please note that not all loan applications are approved, as approvals are based on eligibility and verification criteria.

### 1/5 — WORST APP EVER

*2025-09-12*

This has got to be the worst loan app ever. Everything about it is just wack and straight up nonsense

**Developer response:** Hello Dodo sneh, we are sorry you had an unsatisfactory experience with us. Kindly reach out to us at hi@neocash.ng so we can help resolve whatever issues you may be having.

### 5/5 — Fast service.

*2025-09-08*

They approved my loan within 3 days and I got the amount I requested.

**Developer response:** Thank you for your feedback.

### 5/5 — Love how straightforward the process was.

*2025-09-04*

Logged in a filled in the info to access my loan. 100 percent legit and the percentage was actually very okay. Two thumbs up!!

**Developer response:** Hello Maxim9866, Thank you for your feedback.

## Frequently asked questions about Neocash Mobile

### What is the minimum and maximum loan amount I can get with Neocash?

You can borrow amounts ranging from ₦5,000 up to ₦5,000,000 through Neocash. The specific amount you are eligible for will depend on your income and credit history.

### What is the repayment period for loans from Neocash?

Neocash offers repayment periods from 61 days up to 12 months. You can choose a tenure that best suits your financial situation.

### Does Neocash require collateral or a guarantor for loans?

For most loans, Neocash does not require collateral or a guarantor. This makes it easier and faster to access funds when you need them.

### How long does it take to get the loan credited after approval with Neocash?

Once your loan is approved by Neocash, the account is credited as soon as possible. The app emphasizes fast access to funds.

### What are the typical APR and interest rates for Neocash loans?

The Annual Percentage Rate (APR) for Neocash loans ranges from 30% to 120% per annum. For example, a ₦100,000 loan over 3 months might have a total interest cost of ₦7,500, resulting in a 30% APR.

### What documents are needed to apply for a loan with Neocash?

To apply for a loan with Neocash, you will need a steady and verifiable source of income (job or business), a bank statement to prove income, a government-issued ID card, and a good credit history.

### Is Neocash available on all devices?

Neocash is currently available on iPhone and iPod devices. Compatibility with other platforms may be considered in future updates.

### Does Neocash have ads?

Yes, Neocash contains advertisements. As a free service, it utilizes ads to support its operations.

## Version history (last 5 releases)

### 2.8.54 — 2026-07-09

User interface improvements
You can now add multiple guarantors

### 2.8.51 — 2026-07-05

Security improvements and bug fixes

### 2.8.47 — 2026-06-30

Security and user interface improvements

### 2.8.37 — 2026-06-19

Minor UX improvements and bug fixes

### 2.8.2 — 2026-06-15

• Instant offers — see what you qualify for before underwriting
• Faster onboarding and a simpler loan application flow
• Improved BVN verification
• More ways to resolve a declined application
• Refreshed interface and more reliable camera capture
• Stability and performance improvements

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-05.*