Innovative MFB vs Koins MFB
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
Koins MFB
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Koins mobile app is a digital banking app by Koins Microfinance Bank - a fully licensed bank, regulated by the CBN with deposits insured by the NDIC. Koins enables you to achieve your financial goals by saving easily with an automatic goal savings feature for any milestone of your choice, as well as a daily earning feature offering attractive interest rates. It provides a simple, secure and convenient way of banking. Little drops of water make an ocean! With Koins, make incremental savings at attractive interest rates and be the boss of your financial future. Save, Invest and Earn with Koins today.
Screenshots
Verdict
The clearest difference is update cadence: Koins MFB at fortnightly against Innovative MFB's every 4 months. On price, ads, in-app purchases and device support 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.
Innovative MFB ships an update every 4 months, Koins MFB fortnightly. The most recent releases landed on October 3, 2026 and October 14, 2026 respectively.
| Parameter | Innovative MFB | Koins MFB |
|---|---|---|
| Price | Free | Free |
| Rating | 1.0 (6 ratings) — better | — |
| Positive reviews | 0.0% of reviews | — |
| Number of ratings | 6 — better | — |
| Update frequency | Every 4 months | Fortnightly — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | — |
| Devices | iPhone, iPad, iPod — better | iPhone, iPod |
| Requires iOS | 15.1 | 15 — better |
| Further details — not scored | ||
| Size | 55 MB | 105 MB |
| Age rating | 4+ | 4+ |
| Developer | iBank Microfinance Bank Limited | KOINS MICROFINANCE BANK LIMITED |
In-app purchases
Innovative MFB
No in-app purchases
Koins MFB
No in-app purchases
Questions
Is Innovative MFB free?
Is Koins MFB free?
Do Innovative MFB or Koins MFB have ads?
Which is updated more often, Innovative MFB or Koins MFB?
Other comparisons
