Innovative MFB vs Bankit
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Innovative MFB
Manage your finances on the go with this mobile banking application. Perform transactions like checking balances, paying bills, recharging airtime, and transferring funds. You can also apply for loans and create new account numbers directly from your device.
- View account balance
- Export account statements
- Airtime recharge
- Bill payments
- Inter/Intra-bank transfers
- Loan application and status
- Create account numbers
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Perform most of your financial transactions which includes but not limited to: - View Account balance - View and export Account statement - Airtime Recharge - Bills Payment e.g. DSTv, GoTv, PHCN etc. - Inter-bank and Intra-bank Transfer - Loan Management (apply for loans, check loan status etc.) - Create Account Number
Bankit
This finance app allows users to send money quickly, pay bills, and earn rewards. It gamifies financial management with achievements and challenges, offering interactive tutorials to improve financial literacy. Enjoy smart spending insights and cashback offers.
- Send money fast
- Pay bills
- Earn cashback and rewards
- Schedule payments
- Financial literacy tutorials
- Personalized spending insights
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Send money fast, pay bills, get big discounts and cashbacks. Say goodbye to boring banking and hello to the excitement of levelling up your finances! With Bankit, every deposit, every goal reached, and every wise financial move earns you rewards. Watch your savings grow as you conquer financial challenges and unlock new achievements! Spend and Manage Money Easily Earn Cashback and Big Rewards Schedule Payments Bankit isn't just a banking app; it's your personal finance mentor! Level up your financial literacy with interactive tutorials. Master the art of budgeting, investing, and more while having a blast! Bankit is built on the best financial technology making it secure, fast, and reliable for use at any time. Navigate the landscape of smart spending with our intuitive app. Discover personalised spending insights and earn rewards for making financially savvy choices. It's like having a cheat code for financial success right at your fingertips!
Screenshots
Verdict
The clearest difference is review sentiment: Bankit at 100% against Innovative MFB's 0%. Bankit also leads on rating (4.0 vs 1.0) and update cadence (fortnightly vs every 4 months). 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.
Bankit holds the better App Store score, 4.0 against 1.0. Both are backed by a comparable volume of ratings — 6 and 4 respectively. Written reviews point the same way: 0% of Innovative MFB's written reviews are positive against 100% of Bankit's.
Innovative MFB ships an update every 4 months, Bankit fortnightly. The most recent releases landed on July 23, 2026 and September 8, 2026 respectively.
| Parameter | Innovative MFB | Bankit |
|---|---|---|
| Price | Free | Free |
| Rating | 1.0 (6 ratings) | 4.0 (4 ratings) — better |
| Positive reviews | 0.0% of reviews | 100.0% of reviews — better |
| Number of ratings | 6 — better | 4 |
| Update frequency | Every 4 months | Fortnightly — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | Free |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Requires iOS | 15.1 | 15.1 |
| Further details — not scored | ||
| Size | 55 MB | 44 MB |
| Age rating | 4+ | 4+ |
| Developer | iBank Microfinance Bank Limited | Bankit Microfinance Bank |
Customer experience
Innovative MFB
Bankit
In-app purchases
Innovative MFB
No in-app purchases
Bankit
No in-app purchases
