HerVest vs SofriPay
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
HerVest
This app empowers African women to achieve financial freedom through savings, investments, and loans. It offers flexible savings plans, secure impact investments in women-owned businesses, and quick access to personal and business loans with competitive rates. Join a community dedicated to financial growth and control.
- Target savings plans
- Impact investments
- Business and personal loans
- Earn up to 14% annual returns
- Bank-grade encryption security
- Zero withdrawal fees
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HerVest provides financial growth services including target savings, impact investments and credit tailored towards financially elevating African women. With a robust community of over 40,000 members, HerVest is dedicated to helping women take control of their finances one impact at a time. Welcome to HerVest! A safe space for you to build wealth and achieve financial freedom. How does HerVest work? Flexible and Locked Savings: With HerVest, you can save daily, weekly, monthly or on your terms. You can also save as low as N100. There is no minimum amount required to save. You can save manually or automate your savings with your debit card or the HerVest Purse. HerVest provides three savings plans: Personal Savings for your short-term flexible savings, Locked Savings for long-term, disciplined savings HerVest Cliq: Save as a group towards financial milestones. You also earn up to 10-14% annual returns across all HerVest savings plans. Save today! Invest and make Impact: Invest securely in women-owned farms and businesses in Nigeria and earn competitive returns on your money. All HerVest investments are pre-vetted and insured by Royal Exchange General Insurance Company. Get Quick Loans: Access business and personal loans on the HerVest app. Get instant access to funds when you need it. What you should know about HerVest Loans: Loan amounts range between ₦50,000 to ₦1,000,000 with repayment periods from 61 days to 12 months with a monthly interest rate of 4%. Maximum Annual Percentage Rate (APR) - 24% Instant approval within 24-48 hrs Flexible repayment terms No collateral or guarantor (T&Cs apply) Unlock higher loan amounts by transacting more on the HerVest app Representative example: Loan amount of ₦1,000,000 borrowed for 12 months. Monthly Interest Rate: 4%. Total amount payable: ₦1,480,000.00 APR: 24%. Security and Trust: Your financial security is our top priority. The HerVest app utilises bank-grade encryption to ensure your data and money are always protected. In addition, HerVest savings are placed with VFD Microfinance Bank, which is NDIC-insured and regulated by the Central Bank of Nigeria. Transparency: Stay on track with your account balance and accrued interests on the app. You will receive app notifications of the daily interest on your personalised savings and investment plans. You can also request your monthly account statements to stay on track with your transactions on the HerVest app. Customer Support: Got a question? We are just a second away! Please contact us at Hello@hervest.ng or DM us at @hervestng across all social channels. You can also utilize the self-support channel on the HerVest app. With HerVest, you can: Get instant loans for your personal and business needs. Save and invest Buy airtime and data across all networks Refer family and friends and earn cash bonuses. Enjoy zero withdrawal fees. Zero maintenance charges. Free in-app transfers. Join over 40,000 women who use HerVest to save, invest and grow their finances. Download the HerVest app today!
SofriPay
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Are you an Agent Banker? Take charge of your agency banking business with our multifunctional POS app. With a user-friendly interface and high-tech security features, our app is designed to work seamlessly with your POS device(s) so you can manage your business, grow your customer base, and offer numerous services across Africa. Our app also allows you to onboard up to one million agents and track all transactions on the go. To get started, simply download the app, sign up, and request a POS. Even if you're new to agency banking, our app makes it easy for you to recruit sub-agents in select locations across the world and manage your business operations efficiently. Plus, you can perform financial and non-financial transactions on behalf of customers using either your POS device or the mobile app. And with just a few clicks, you can remotely monitor transactions on as many as one million POS devices connected to your app. Our initiative is powered by ErrandPay, a trusted name in financial innovation and inclusion across Africa, leading the conversation of financial inclusion in Africa has earned them the reputation of being the agent's realest pal and lifeline. Our prompt response to users' queries and dedication to supporting our agents 24/7 has made our platform the must-have in Africa. Don't wait to be told, sign up now and join agents across Africa who trust us to take their business to the next level. We support a wide range of countries, including Nigeria, Ghana, Egypt, South Africa, Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central Africa Republic, Chad, Comoros, Congo, Congo DRC, Djibouti, Equatorial Guinea, Eritrea, Eswatini, Ethiopia, Gabon, Guinea, Guinea Bissau, Ivory Coast, Kenya, Lesotho, Liberia, Malawi, Mali, Mauritania, Mauritius, Morocco, Mozambique, Namibia, Niger, Rwanda, Sao Tome & Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, South Sudan, Sudan, Tanzania, The Gambia, Togo, Tunisia, Uganda, Zambia and Zimbabwe.
Screenshots
Verdict
The clearest difference is update cadence: HerVest at every 9 days against SofriPay's every 3 weeks. SofriPay's advantage is iOS requirement (10.0 vs 15.0). 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.
HerVest ships an update every 9 days, SofriPay every 3 weeks. The most recent releases landed on October 16, 2026 and October 1, 2026 respectively.
| Parameter | HerVest | SofriPay |
|---|---|---|
| Price | Free | Free |
| Rating | 4.7 (24 ratings) — better | — |
| Positive reviews | 100.0% of reviews | — |
| Number of ratings | 24 — better | — |
| Update frequency | Every 9 days — better | Every 3 weeks |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | — |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Requires iOS | 15.0 | 10.0 — better |
| Further details — not scored | ||
| Size | 101 MB | 47 MB |
| Age rating | 4+ | 17+ |
| Developer | HerVest | DLM CAPITAL GROUP LIMITED |
In-app purchases
HerVest
No in-app purchases
SofriPay
No in-app purchases









