# MTN MoMo vs Equity Mobile

The clearest difference is review sentiment: Equity Mobile at 75% against MTN MoMo's 8%. Equity Mobile also leads on rating (4.8 vs 3.1) and update cadence (fortnightly vs every 4 months). MTN MoMo's advantage is iOS requirement (10.0 vs 13.0). On price, ads, in-app purchases and monetization model there is nothing between them.

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

Equity Mobile holds the better App Store score, 4.8 against 3.1. That said, the two scores are not equally well evidenced: Equity Mobile has 6.8K ratings behind it against 589, so its average is the more settled of the two. Written reviews point the same way: 8% of MTN MoMo's written reviews are positive against 75% of Equity Mobile's.

MTN MoMo ships an update every 4 months, Equity Mobile fortnightly. Both last shipped on October 24, 2026.

## The numbers

| Metric | MTN MoMo | Equity Mobile |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [3.1 (589 ratings)](https://appshunter.io/ios/app/mtn-momo/id1474080783/reviews) | **[4.8 (6.8K ratings)](https://appshunter.io/ios/app/equity-mobile/id1569017982/reviews)** |
| Number of ratings | 589 | **6.8K** |
| Positive reviews | 7.7% of reviews | **75.4% of reviews** |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Every 4 months | **Fortnightly** |
| Monetization | Free | Free |
| Size | 21 MB | 203 MB |
| Requires iOS | **10.0** | 13.0 |
| Devices | **iPhone, iPad, iPod** | iPhone, iPod |
| Age rating | 4+ | 4+ |
| Developer | [MTN](https://appshunter.io/developer/727555818) | [Equity Group Holding](https://appshunter.io/developer/1524361029) |

## What reviewers say

### MTN MoMo

[App page](https://appshunter.io/ios/app/mtn-momo/id1474080783)

Easily send money to friends and family, top up airtime, and purchase bundles. This app also allows you to pay bills and merchants, offering a comprehensive solution for managing your finances and tracking your money.

**Highlights:** Send money to friends and family, Top up airtime, Purchase bundles, Pay bills, Pay merchants, Manage money

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none

**What reviewers like**

- 👍 Useful for money transfers
- 💡 Suggestion for resending from transaction history
- 👍 Decent app interface and design

**What reviewers complain about**

- 🐛 Frequent crashes and bugs
- 🔒 Security issues with saved login details
- 🔍 Difficult to log in and register
- 🚫 Restricted to only MTN data, not compatible with WiFi
- 💰 High transaction fees

**Reported bugs**

- App not working on iOS 16
- Incorrect pin errors
- Unable to log in or register
- Fails to send OTP codes
- Deducts money without completing transactions

**Requested features**

- Add ability to cancel scheduled transfers
- Expand bank integration for transfers
- Improve security with biometric login
- Allow usage on WiFi networks
- Reduce transaction fees


### Equity Mobile

[App page](https://appshunter.io/ios/app/equity-mobile/id1569017982)

Manage your finances and lifestyle needs from a single platform. This app allows you to view balances, pay bills, transfer funds, and even open accounts instantly. Securely access your financial information and perform transactions on the go.

**Highlights:** Instant account opening, View account balances and transactions, Pay bills and buy goods, Send money locally and internationally, Block lost cards, Borrow and manage loans, Biometric sign-in

**In-app purchases:** none

**What reviewers like**

- 👍 Easy and simple to use
- 🚀 Fast and efficient
- 💳 Convenient mobile banking
- 🤝 Excellent customer service
- 🔒 Reliable and secure

**What reviewers complain about**

- 🐛 Bugs and glitches
- 🔍 Incomplete functionality
- 💸 Expensive fees
- 🕰️ Slow app performance
- 🔑 Login issues

**Reported bugs**

- Unable to log in after app updates
- Verification options not working
- Buy goods and Paybill services not functioning
- Transactions not reflecting in account
- App crashes on launch

**Requested features**

- Download and view transaction receipts
- Access account statements for specific dates
- Integrate with mobile money services
- Add virtual card feature
- Improve multi-factor authentication


## Frequently asked questions

### Is MTN MoMo free?

MTN MoMo is free to download, with no in-app purchases.

### Is Equity Mobile free?

Equity Mobile is free to download, with no in-app purchases.

### Which has better reviews, MTN MoMo or Equity Mobile?

Equity Mobile is rated higher. MTN MoMo averages 3.1 out of 5 from 589 ratings, while Equity Mobile averages 4.8 from 6.8K ratings.

### Do MTN MoMo or Equity Mobile have ads?

Neither MTN MoMo nor Equity Mobile shows ads.

### Which is updated more often, MTN MoMo or Equity Mobile?

MTN MoMo ships an update every 4 months, and Equity Mobile fortnightly. Most recently, MTN MoMo was updated on October 24, 2026 and Equity Mobile on October 24, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*