Comparison

FSDH MB vs PennyTree

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

FSDH MB

Manage your finances on the go with this secure banking application. View account status, transaction history, and generate statements. Transfer funds, manage beneficiaries, and customize login settings for a seamless banking experience.

Highlights
  • Account status overview
  • Transaction history viewing
  • Digital statement generation
  • Funds transfer to FSDH and other banks
  • Beneficiary management
  • Two-factor authentication for transactions
  • Customizable login methods
Features
Read full description

Welcome to the future, where you’ll never have to make another bank trip again. Our FSDH MB App is three things; simple, seamless and secure. Let’s get your funds up, running, and working for you, in no time at all. Our Services and Benefits: Account Status: Have a precise picture of your financial position, on the go! With this App you can; view your current status and study your transaction history, and generate a digital statement of accounts, whenever you want. Funds Transfer: Need quick cash? With our FSDH MB App, you can transfer your funds to an FSDH account or to other bank account. You can also view your transfer history. Manage Beneficiary: You can maintain a list of beneficiaries. Support Happy with our services? Rate us! Have a question, comment or complaint? Reach out to us on the platform, and we are more than happy to serve. Account Statements: With this app, you can generate your account statements for a given period. Settings: You can choose your login methods. You can also change your password. Transaction Security: Security is our watchword and because of this, we offer a special Two-factor authentication feature that ensures that all transactions involving credit and debit cards are protected against any form of cyber-attack.

About

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, enabling easy payment reception, invoice generation, and real-time bank statements. Additionally, users can invest in brands through a crowdfunding platform.

Highlights
  • Personal savings vaults with high APY
  • Bank transfers and bill payments
  • Business banking with payment reception
  • Invoice and receipt generation
  • Crowdfunding investment platform
  • Real-time bank statements
Features
Read full description

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

FSDH MB4 screens
PennyTree4 screens

Verdict

The call

The clearest difference is rating: PennyTree at 3.7 against FSDH MB's 2.5. PennyTree also leads on review sentiment (71% vs 50%). FSDH MB's advantage is update cadence (every 5 days vs every 2 weeks). 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

CostPrice · In-app purchases · Ads · Monetization

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

ReceptionRating · Positive reviews · Number of ratings

PennyTree holds the better App Store score, 3.7 against 2.5. Both are backed by a comparable volume of ratings — 4 and 9 respectively. Written reviews point the same way: 50% of FSDH MB's written reviews are positive against 71% of PennyTree's.

UpkeepUpdate frequency

FSDH MB ships an update every 5 days, PennyTree every 2 weeks. The most recent releases landed on October 11, 2026 and October 22, 2026 respectively.

Scorecard3 real differences · 7 level
FSDH MB versus PennyTree: the parameters behind the verdict, then further details
ParameterFSDH MBPennyTree
PriceFreeFree
Rating2.5 (4 ratings)3.7 (9 ratings) — better
Positive reviews50.0% of reviews71.4% of reviews — better
Number of ratings49 — better
Update frequencyEvery 5 days — betterEvery 2 weeks
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPodiPhone, iPod
Requires iOS15.514.0 — better
Further details — not scored
Size109 MB138 MB
Age rating4+4+
DeveloperFSDH MERCHANT BANK LIMITEDPennyTree Business Limited

Customer experience

FSDH MB

All ratings4 ratings
Positive25.0%
Neutral25.0%
Negative50.0%
Written reviews2 reviews
Positive50.0%
Neutral0.0%
Negative50.0%

PennyTree

All ratings9 ratings
Positive55.6%
Neutral22.2%
Negative22.2%
Written reviews7 reviews
Positive71.4%
Neutral0.0%
Negative28.6%

In-app purchases

None

FSDH MB

No in-app purchases

None

PennyTree

No in-app purchases

Questions

Is FSDH MB free?
FSDH MB is free to download, with no in-app purchases.
Is PennyTree free?
PennyTree is free to download, with no in-app purchases.
Which has better reviews, FSDH MB or PennyTree?
PennyTree is rated higher. FSDH MB averages 2.5 out of 5 from 4 ratings, while PennyTree averages 3.7 from 9 ratings.
Do FSDH MB or PennyTree have ads?
Neither FSDH MB nor PennyTree shows ads.
Which is updated more often, FSDH MB or PennyTree?
FSDH MB ships an update every 5 days, and PennyTree every 2 weeks. Most recently, FSDH MB was updated on October 11, 2026 and PennyTree on October 22, 2026.

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