IFS mBank vs Wakeel
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
IFS mBank
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Mobile Banking Application
Wakeel
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Wakeel is a publicly available app for agents (individuals) and merchants (businesses), offered by The Alternative Bank(Sterling HoldCo). Users can download the app and apply for an account. Access to transactional features is enabled after onboarding and identity verification. Key features include: • Interbank and intrabank transfers • Customer onboarding • Agent-assisted and merchant-based application services. • Value-added services such as utility and airtime payments
Screenshots
Verdict
The clearest difference is update cadence: IFS mBank at fortnightly against Wakeel's every 6 months. IFS mBank also leads on iOS requirement (11.0 vs 15.0). 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.
IFS mBank ships an update fortnightly, Wakeel every 6 months. The most recent releases landed on October 12, 2026 and October 19, 2026 respectively.
| Parameter | IFS mBank | Wakeel |
|---|---|---|
| Price | Free | Free |
| Update frequency | Fortnightly — better | Every 6 months |
| Ads | No | No |
| In-app purchases | No | No |
| Devices | iPhone, iPad, iPod — better | iPhone, iPod |
| Requires iOS | 11.0 — better | 15.0 |
| Further details — not scored | ||
| Size | 29 MB | 37 MB |
| Age rating | 4+ | 4+ |
| Developer | International Financial Systems | Sterling Bank Plc |
In-app purchases
IFS mBank
No in-app purchases
Wakeel
No in-app purchases
