Payed Cash vs PennyTree
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Payed Cash
This digital payment platform offers a secure and efficient way to manage banking and process transactions for individuals and businesses. It has facilitated over NGN 4 trillion in transactions, making it a trusted financial partner for entrepreneurs.
- All-in-one banking and payments
- Reliable and efficient platform
- Secure digital payment processing
- Caters to individuals and businesses
- Facilitated over NGN 4 trillion in transactions
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Payed Cash is your all-in-one solution for banking and payments. It is a reliable, efficient, and secure digital payment platform designed to cater to both individuals and businesses. With over NGN 4 trillion in processed transactions, Payed Cash is fast becoming the preferred financial partner for entrepreneurs and enterprises alike.
PennyTree
This financial app offers a range of services including bank transfers, bill payments, and personal savings vaults with high annual returns. It also provides business banking solutions for merchants, allowing for easy payment reception, invoice generation, and real-time bank statements. Additionally, users can invest in brands through a crowdfunding platform.
- Personal savings vaults with high APY
- Business banking for merchants
- Invoice and receipt generation
- Crowdfunding investment platform
- Bank transfers and bill payments
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PennyTree is a neo-bank that provides financial services in the most convenient way. You now have access to individual services like bank transfers, bill payments, and personal vaults for savings, where you can earn up to 27% per annum. With the Merchant Services offering, you can open a business banking account with a click of a button, receive payments from clients and vendors, generate invoices and receipts, download a stamped bank statement in real time, and transfer up to NGN5 million daily. What more? We have introduced our Crowdfunding Platform, where you can invest in your favorite brands from as low as NGN5,000 and earn a competitive return on investment.
Screenshots
Verdict
The clearest difference is review sentiment: PennyTree at 71% against Payed Cash's 0%. PennyTree also leads on update cadence (every 2 weeks vs every 5 weeks). Payed Cash's advantage is rating (4.0 vs 3.7). On price, ratings volume, ads 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.
Payed Cash holds the better App Store score, 4.0 against 3.7. Both are backed by a comparable volume of ratings — 4 and 9 respectively. Written reviews complicate that: 0% of Payed Cash's written reviews are positive against 71% of PennyTree's, so the app with the better star average is not the one people write more warmly about.
Payed Cash ships an update every 5 weeks, PennyTree every 2 weeks. The most recent releases landed on November 3, 2026 and November 7, 2026 respectively.
| Parameter | Payed Cash | PennyTree |
|---|---|---|
| Price | Free | Free |
| Rating | 4.0 (4 ratings) — better | 3.7 (9 ratings) |
| Positive reviews | 0.0% of reviews | 71.4% of reviews — better |
| Number of ratings | 4 | 9 — better |
| Update frequency | Every 5 weeks | Every 2 weeks — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | Free |
| Devices | iPhone, iPad, iPod — better | iPhone, iPod |
| Requires iOS | 15.0 | 14.0 — better |
| Further details — not scored | ||
| Size | 60 MB | 124 MB |
| Age rating | 17+ | 4+ |
| Developer | GETPAYED TECHNOLOGY SOLUTIONS LIMITED | PennyTree Business Limited |
Customer experience
Payed Cash
PennyTree
In-app purchases
Payed Cash
No in-app purchases
PennyTree
No in-app purchases
