MTN MoMo vs Ikofi
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
MTN MoMo
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.
- Send money to friends and family
- Top up airtime
- Purchase bundles
- Pay bills
- Pay merchants
- Manage money
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Welcome to the world of MoMo. With MoMo you can send money to friends & family, topup airtime, purchase bundles, pay your bills, merchants and much more. It's a one-stop shop for everything you need. MoMo makes it easy to keep track of your money. You can use MoMo services to manage your money..
Ikofi
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Take control of your finances with Ikofi, the all-in-one digital wallet that seamlessly combines expense tracking with instant money transfers. Whether you're splitting bills with friends or monitoring your daily spending, Ikofi makes managing your money effortless and intuitive. Key Features: - Real-time transaction tracking to stay on top of your spending - Instant money transfers to friends and family via mobile money - Detailed spending analytics and categorization - Quick and secure mobile money integration - User-friendly interface for easy financial management - Daily spending summaries Perfect for anyone looking to simplify their financial life, Ikofi brings together the best of expense tracking and mobile money transfers in one convenient app. Download now and experience smarter money management with Ikofi.
Screenshots
Verdict
The clearest difference is ads: MTN MoMo at none against Ikofi's shown. MTN MoMo also leads on device support (3 vs 1) and iOS requirement (10.0 vs 16.4). Ikofi's advantage is update cadence (every 11 days vs every 4 months). On price and in-app purchases 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.
MTN MoMo ships an update every 4 months, Ikofi every 11 days. The most recent releases landed on October 6, 2026 and September 30, 2026 respectively.
| Parameter | MTN MoMo | Ikofi |
|---|---|---|
| Price | Free | Free |
| Rating | 3.1 (572 ratings) — better | — |
| Positive reviews | 7.7% of reviews | — |
| Number of ratings | 572 — better | — |
| Update frequency | Every 4 months | Every 11 days — better |
| Ads | No — better | Yes |
| In-app purchases | No | No |
| Monetization | Free | — |
| Devices | iPhone, iPad, iPod — better | iPhone |
| Requires iOS | 10.0 — better | 16.4 |
| Further details — not scored | ||
| Size | 21 MB | 48 MB |
| Age rating | 4+ | 17+ |
| Developer | MTN | IKOFI APP LTD |
Bugs and requests
MTN MoMo
Reported bugs
5 issues- 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
5 requests- Add ability to cancel scheduled transfers
- Expand bank integration for transfers
- Improve security with biometric login
- Allow usage on WiFi networks
- Reduce transaction fees
Ikofi
Not enough reviews yet to summarise bugs or requests.
In-app purchases
MTN MoMo
No in-app purchases
Ikofi
No in-app purchases
