# Hometown vs Folio

The clearest difference is update cadence: Folio at every 2 weeks against Hometown's every 2 months. Hometown's advantage is iOS requirement (12.4 vs 15.2). On price, ads, in-app purchases and device support there is nothing between them.

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

Hometown ships an update every 2 months, Folio every 2 weeks. The most recent releases landed on October 15, 2026 and October 4, 2026 respectively.

## The numbers

| Metric | Hometown | Folio |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.2 (667 ratings)](https://appshunter.io/ios/app/hometown-banking-solution/id1525335534/reviews)** | — |
| Number of ratings | **667** | — |
| Positive reviews | 30.6% of reviews | — |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Every 2 months | **Every 2 weeks** |
| Monetization | Free | — |
| Size | 69 MB | 85 MB |
| Requires iOS | **12.4** | 15.2 |
| Devices | iPhone, iPod | iPhone, iPod |
| Age rating | 4+ | 4+ |
| Developer | [Hometown Fintech Limited](https://appshunter.io/developer/1525335536) | [Cognitiv Limited](https://appshunter.io/developer/1578748576) |

## 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


### Folio

[App page](https://appshunter.io/ios/app/folio/id1597199011)

**Features:** macOS Compatibility, Apple Wallet

**In-app purchases:** none


## Frequently asked questions

### Is Hometown free?

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

### Is Folio free?

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

### Do Hometown or Folio have ads?

Neither Hometown nor Folio shows ads.

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

Hometown ships an update every 2 months, and Folio every 2 weeks. Most recently, Hometown was updated on October 15, 2026 and Folio on October 4, 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.*