MasterRemit vs MoneyFex
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
MasterRemit
Easily send money from Australia and New Zealand to various destinations. Enjoy fast, secure, and low-cost transfers directly to mobile wallets, bank accounts, or for cash pickup. Experience great exchange rates and reliable service.
- Real-time money transfer processing
- Direct deposit to mobile wallet, bank account, or cash pickup
- Competitive exchange rates and low fees
- Bank-level security for fund protection
- Easy and convenient money remittance
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Send Money With Love - Fast, Secure & Affordable. MasterRemit makes international money transfers simple, fast, and affordable. Whether you're supporting family or paying friends abroad, we've got you covered. Why MasterRemit? Low fees + great exchange rates - keep more of your money Money sent in minutes - 98% of transfers arrive in under minutes Send to 50+ countries across Africa, Asia, and beyond Multiple payout options: Bank Transfer, Cash Pick-Up, or Mobile Wallet Secure transactions with 24/7 customer support Special discounts for new users MasterRemit connects you to home. Trusted by thousands worldwide. Download now and send your first transfer today.
MoneyFex
Send money internationally with advanced control over delivery and usage. Pay bills and services directly in your home country without intermediaries. Experience fast, easy, and affordable global payments.
- International money transfers
- Beneficiary digital wallet management
- Control over fund reception
- Direct bill and service payments
- Real-time transaction notifications
- Service available in African countries
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MoneyFex is a money transfer company that specialises in post money transfer management and international payment services. We are bringing innovation to money transfer service, gone are the days of filling long forms and sending money abroad without having control on when the money should be received by the beneficiary. The control has been given back to you with our innovative solutions as you can now create a digital wallet for your beneficiary who lives abroad, have control on how much you credit into the wallet, see how the wallet is used by the beneficiary, get notifications whenever the wallet is used. Also, you can pay directly for services such as school fees, hospital and utility bills, accommodation and many others in your home country without the need for going through another person. We want to make money transfer and international payment services fast, easy and cheap. Our service is trusted and available in most African countries and is expanding to the Asian and South American continents.
Screenshots
Verdict
The clearest difference is rating: MasterRemit at 4.4 against MoneyFex's 3.0. MasterRemit also leads on ratings volume (18 vs 6). MoneyFex's advantage is monetization model (free vs ad-supported) and iOS requirement (12.0 vs 16.0). On price, review sentiment, update cadence and ads 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.
MasterRemit holds the better App Store score, 4.4 against 3.0. Both are backed by a comparable volume of ratings — 18 and 6 respectively. Written reviews point the same way: 54% of MasterRemit's written reviews are positive against 50% of MoneyFex's.
MasterRemit ships an update every 9 days, MoneyFex every 8 days. The most recent releases landed on October 21, 2026 and October 14, 2026 respectively.
| Parameter | MasterRemit | MoneyFex |
|---|---|---|
| Price | Free | Free |
| Rating | 4.4 (18 ratings) — better | 3.0 (6 ratings) |
| Positive reviews | 54.2% of reviews — better | 50.0% of reviews |
| Number of ratings | 18 — better | 6 |
| Update frequency | Every 9 days | Every 8 days — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Ad-supported | Free — better |
| Devices | iPhone, iPad | iPhone, iPad, iPod — better |
| Requires iOS | 16.0 | 12.0 — better |
| Further details — not scored | ||
| Size | 102 MB | 50 MB |
| Age rating | 4+ | 4+ |
| Developer | MasterRemit PTY. LTD. | MoneyFex Ltd |
Customer experience
MasterRemit
MoneyFex
In-app purchases
MasterRemit
No in-app purchases
MoneyFex
No in-app purchases









