# Hometown vs Mkobo

The clearest difference is review sentiment: Mkobo at 100% against Hometown's 31%. Mkobo also leads on update cadence (every 9 days vs every 2 months). Hometown's advantage is rating (4.2 vs 3.6) and ratings volume (667 vs 7). On price, ads, in-app purchases and monetization model there is nothing between them.

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

Hometown holds the better App Store score, 4.2 against 3.6. That said, the two scores are not equally well evidenced: Hometown has 667 ratings behind it against 7, so its average is the more settled of the two. Written reviews complicate that: 31% of Hometown's written reviews are positive against 100% of Mkobo's, so the app with the better star average is not the one people write more warmly about.

Hometown ships an update every 2 months, Mkobo every 9 days. The most recent releases landed on October 19, 2026 and October 3, 2026 respectively.

## The numbers

| Metric | Hometown | Mkobo |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.2 (667 ratings)](https://appshunter.io/ios/app/hometown-banking-solution/id1525335534/reviews)** | [3.6 (7 ratings)](https://appshunter.io/ios/app/mkobo/id1539929765/reviews) |
| Number of ratings | **667** | 7 |
| Positive reviews | 30.6% of reviews | **100.0% of reviews** |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Every 2 months | **Every 9 days** |
| Monetization | Free | Free |
| Size | 69 MB | 77 MB |
| Requires iOS | **12.4** | 15.6 |
| Devices | iPhone, iPod | **iPhone, iPad, iPod** |
| Age rating | 4+ | 17+ |
| Developer | [Hometown Fintech Limited](https://appshunter.io/developer/1525335536) | [MKOBO Microfinance Bank](https://appshunter.io/developer/1474980002) |

## What reviewers say

### Hometown

[App page](https://appshunter.io/ios/app/hometown-banking-solution/id1525335534)

Manage your finances with an all-in-one banking solution. Easily send and receive money, pay bills, grow savings with high interest, and access instant loans. Book flights, recharge airtime, and invest for the future, all from your mobile device.

**Highlights:** Send and receive money, Pay bills for services, Grow savings with interest, Access instant loans, Book flights, Invest in flexible options, Top-up airtime and data

**In-app purchases:** none

**What reviewers like**

- 💯 Reliable and fast transactions
- 🤑 Offers small loans
- 🏠 Hometown app with local focus

**What reviewers complain about**

- 🤖 Unreliable customer service
- 🔒 Strict verification requirements
- 💰 Delayed or reversed transactions
- 🔄 Inability to withdraw or transfer funds
- 🚫 Accounts being blocked or deactivated

**Reported bugs**

- Login and verification issues
- Inconsistent app functionality
- Delayed or failed transactions

**Requested features**

- Improve loan application process
- Enhance user-friendliness of the app
- Provide better communication and transparency


### Mkobo

[App page](https://appshunter.io/ios/app/mkobo/id1539929765)

This neo-bank offers fair, simple, and affordable financial services to underserved populations. It provides interest on balances, free transfers, and cashback rewards, aiming to help users achieve their financial goals.

**Highlights:** Interest on balances, 30 free transfers monthly, Savings growth with Mkolo, No account maintenance fees, Bill payments with no extra cost, Cashback on airtime and data

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none


## Frequently asked questions

### Is Hometown free?

Hometown is free to download, with no in-app purchases.

### Is Mkobo free?

Mkobo is free to download, with no in-app purchases.

### Which has better reviews, Hometown or Mkobo?

Hometown is rated higher. Hometown averages 4.2 out of 5 from 667 ratings, while Mkobo averages 3.6 from 7 ratings.

### Do Hometown or Mkobo have ads?

Neither Hometown nor Mkobo shows ads.

### Which is updated more often, Hometown or Mkobo?

Hometown ships an update every 2 months, and Mkobo every 9 days. Most recently, Hometown was updated on October 19, 2026 and Mkobo on October 3, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*