This digital banking app offers fee-free multi-currency spending, international transfers, and Sharia-compliant savings accounts. It also provides opportunities for UK property investment and finance, all managed through a smartphone.
Summarized from real user reviews of Nomo. Based on 3.6K reviews and a 4.8/5 average, it highlights the 5 positives and 3 negatives reviewers mention most about this Finance app.
5.12.0
July 9, 2026
Performance improvements and bug fixes.
3 issues
Last update causes app to crash
Faster payments not working
4 requests
Add online helpline
Integrate Apple Pay and other digital wallets
Nomo offers a Sharia-compliant digital banking experience that allows users to manage their wealth globally. It provides features like fee-free multi-currency spending, international transfers, UK-based savings accounts, and opportunities for UK property investment and finance.
Key features include fee-free spending in six currencies (GBP, USD, EUR, KWD, AED, SAR), easy international transfers with low flat fees for most currencies, multi-currency fixed-term deposits for savings, and finance options for purchasing UK property.
The app itself is free to download and use for its core banking functionalities. While there are no fees for multi-currency spending or UK personal/business transfers, other international transfers may have low, flat fees. Property finance will have its own associated costs.
Common use cases include traveling abroad and spending like a local without international card fees, sending money internationally at low costs, diversifying income through multi-currency savings, and securing finance to buy a UK property for investment or personal use.
Yes, Nomo prioritizes the safety of your money and data. It is part of Boubyan Bank and a trading name of BLME (Bank of London and The Middle East plc), which is regulated by the PRA and FCA. Deposits via BLME are protected by the FSCS up to £85,000.
