# Rex Africa: Bank Smarter — Save Smart. Earn 22% interest

> Mobile banking for individuals and businesses, offering account management, transfers, and payment solutions. (iPhone/iPad app by RexFinancials.)

- Source: https://appshunter.io/ios/app/rex-africa-bank-smarter/id6472193945 (this page in markdown: same URL + `.md`)
- Developer: [RexFinancials](https://appshunter.io/developer/1595439656)
- Category: Finance
- Price: Free
- Rating: 4.00/5 from 1 App Store ratings
- Age rating: 4+
- Requires: iOS 15.5 · 153 MB
- Languages: American English
- Released: 2024-11-18
- Data updated: 2026-09-05
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/rex-africa-bank-smarter/id6472193945/reviews.md

## What is Rex Africa?

Rex is Nigeria's first AI-native bank, built to think about your money so you don't have to.
Every payday, you can set RexSave to automatically set aside money before you get the chance to spend it. Lock up your savings in RexVault and earn up to 22% per annum, far more than most savings accounts pay. And with ReAtlas, your built-in AI financial assistant, you always know exactly what you spent and where it went, tracked automatically, without lifting a finger.

Why people are switching to Rex:
- Auto-save every payday with RexSave
- Earn up to 22% p.a. on locked savings with RexVault
- RexAtlas AI tracks every transaction and shows you exactly what you spent, even months later
- Get smart nudges based on your own spending, not generic tips
- Set savings goals, rent, a trip, an emergency fund, and let Rex handle the rest
- Manage your business with RexPOS, accept card and transfer payments in person
- Free transfers for your first 3 months
- Get ₦500 when you sign up, and ₦250 every time you refer a friend

Rex is licensed by the Central Bank of Nigeria (CBN) and deposits are insured by the NDIC, so you're banking with a real, regulated institution, not just an app.
Download Rex today and let your money finally work as hard as you do.

## Key features

- Open individual/business bank accounts
- Instant money transfers
- Request POS terminals
- Manage expense cards
- Earn up to 20% interest on fixed deposits
- Seamless business banking interface


## Frequently asked questions about Rex Africa

### What is RexAfrica?

RexAfrica is a mobile banking app designed for both individuals and businesses. It allows users to open bank accounts, send and receive money, request expense cards and POS terminals, and manage their finances efficiently.

### How secure is RexAfrica?

RexAfrica is a regulated entity under the Central Bank of Nigeria, prioritizing security, reliability, and customer satisfaction. Specific security protocols are not detailed, but its regulatory status suggests a commitment to user data protection.

### Can I open a business account with RexAfrica?

Yes, RexAfrica allows you to open an individual or business bank account directly from your phone. This feature provides financial control at your fingertips for your business operations.

### How quickly can I start accepting payments with a RexAfrica POS terminal?

You can request Rex POS terminals and start accepting card and bank transfer payments within 48 hours of your request. This facilitates quick integration into your business's payment ecosystem.

### What interest rate can I earn on fixed deposits with RexAfrica?

RexAfrica offers the opportunity to earn up to 20% interest on fixed deposits. This feature helps secure your business funds and promote future growth.

### Does RexAfrica have ads?

No, RexAfrica is ad-free, meaning you will not encounter advertisements within the application interface.

### What devices is RexAfrica available on?

RexAfrica is available on iPhone and iPod devices. The app is designed for mobile use on these platforms.

### How often is RexAfrica updated?

The latest version of RexAfrica is 3.2.8, and it was last updated on January 26, 2026. This indicates a recent update, suggesting ongoing development and maintenance.

## Version history (last 5 releases)

### 4.0.1 — 2026-09-02

Bug fixes and performance improvements.

### 4.0.0 — 2026-08-29

UI Redesigned
- Access your most-used features faster with quick shortcuts to Airtime, Data, Electricity, Budget, RexSave, RexVault, RexFlex, and RexAtlas.
- A new progress checklist makes it easier to track your account setup and complete the onboarding process.

### 3.7.5 — 2026-06-29

Bug fixes and performance improvements

### 3.2.8 — 2026-01-26

Bug fixes and performance improvements.

### 3.2.7 — 2026-01-21

Bug fixes 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 2026-09-05.*