Comparison

Mkobo vs Fundall

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

Head to head
About

Mkobo

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
Read full description

Mkobobank is a neo-bank providing financial services that is fair, simple, and affordable to the underserved demography which will ultimately help to realise your dreams your. Download the Mkobobank app today Why Mkobobank? - Fairplay - Enjoy our Fairplay promise - say goodbye to those unfair bank charges! You earned the money and you deserve to keep it! - Interest on balances - Earn daily interest on your sitting balance! - Free Transfers - Get 30 Free transfers monthly! Thats 1 per day! - Mkolo - Grow your savings with Mkolo earn great return on your savings. - 0 Charges - NO account maintenance, NO minimum balance! - Bill payments - Pay for airtime, Electricity bill, Internet Data Subscription, etc at no extra cost. - Cash backs - Enjoy cashback on airtime and data subscription How to get started - Download the Mkobobank app - Sign up and create your bank account - Update and complete your profile - Upgrade to tier 2 or 3 by providing the required KYC. Enjoy fairplay banking Mkobobank - “Every Kobo Counts” Security Mkobo takes your security very seriously. We use highly bank-grade encryption to secure your personal data Regulatory Mkobo.bank is owned and managed by Mkobo Microfinance Bank Limited which is fully licensed by the Central Bank of Nigeria (CBN). All Customer deposits are protected by the Nigeria Deposit Insurance Corporation (NDIC). Get in Touch You can always reach us via the following channels: Social media: @mkobobank on Instagram, Twitter, LinkedIn, and Facebook. Email address - help@mkobo.com.ng Website - https://mkobo.bank We’d love to hear from you!

About

Fundall

Manage, spend, and grow your money with a unified digital financial platform. Enjoy seamless transactions, earn interest on savings, and access investment products. This app simplifies your financial life by consolidating services and offering rewards.

Highlights
  • Earn interest on savings
  • Budgeting and spending tracker
  • Referral rewards
  • Zero-cost Fundaller to Fundaller transfers
  • Virtual dollar card for online payments
  • Save on spending
  • Accumulate reward points
Features
Read full description

Fundall is a personalised digital financial platform that makes spending, managing and growing your money simple, safe, and secure. We allow individuals and businesses to handle all things money in one place and access investment products and services. Our seamless and easy-to-use platform allows customers to enjoy wholesome financial services without having to sign up on multiple platforms, risk their security, or bother about transaction charges when moving funds from one platform to another. Fundall is duly registered with the Corporate Affairs Commission, Nigeria, with a physical office at The Abebi, 23B Tinubu Close, Off Coker Road, Ilupeju, Lagos. Its savings and loans scheme is duly registered under the Co-operative Societies Laws of Lagos State Here’s all you can achieve on the Fundall app: Earn amazing interest on your savings. Take full control of your spending habit with our budget tool and spending tracker. Make money every time you refer your friends to the Fundall app. Transfer from Fundaller to Fundaller at zero cost. Shop online and across the world and pay for subscriptions using our virtual dollar card. Save up to 20% every time you spend on the Fundall app. Accumulate reward points when you make a transaction on Fundall. We are on a mission to provide Africans and the world's unbanked with a single platform to access all financial services.

Screenshots

Mkobo4 screens
Fundall4 screens

Verdict

The call

The clearest difference is review sentiment: Mkobo at 100% against Fundall's 38%. Mkobo also leads on update cadence (every 10 days vs monthly). Fundall's advantage is rating (4.4 vs 3.6) and ratings volume (87 vs 7). On price, ads, in-app purchases and monetization model 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

Fundall holds the better App Store score, 4.4 against 3.6. That said, the two scores are not equally well evidenced: Fundall has 87 ratings behind it against 7, so its average is the more settled of the two. Written reviews complicate that: 100% of Mkobo's written reviews are positive against 38% of Fundall's, so the app with the better star average is not the one people write more warmly about.

UpkeepUpdate frequency

Mkobo ships an update every 10 days, Fundall monthly. The most recent releases landed on October 20, 2026 and October 18, 2026 respectively.

Scorecard5 real differences · 5 level
Mkobo versus Fundall: the parameters behind the verdict, then further details
ParameterMkoboFundall
PriceFreeFree
Rating3.6 (7 ratings)4.4 (87 ratings) — better
Positive reviews100.0% of reviews — better37.5% of reviews
Number of ratings787 — better
Update frequencyEvery 10 days — betterMonthly
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS15.613.0 — better
Further details — not scored
Size118 MB145 MB
Age rating17+4+
DeveloperMKOBO Microfinance BankFundall Company Limited

Customer experience

Mkobo

All ratings7 ratings
Positive71.4%
Neutral0.0%
Negative28.6%
Written reviews1 reviews
Positive100.0%
Neutral0.0%
Negative0.0%

Fundall

All ratings87 ratings
Positive81.6%
Neutral9.2%
Negative9.2%
Written reviews8 reviews
Positive37.5%
Neutral0.0%
Negative62.5%

In-app purchases

None

Mkobo

No in-app purchases

None

Fundall

No in-app purchases

Questions

Is Mkobo free?
Mkobo is free to download, with no in-app purchases.
Is Fundall free?
Fundall is free to download, with no in-app purchases.
Which has better reviews, Mkobo or Fundall?
Fundall is rated higher. Mkobo averages 3.6 out of 5 from 7 ratings, while Fundall averages 4.4 from 87 ratings.
Do Mkobo or Fundall have ads?
Neither Mkobo nor Fundall shows ads.
Which is updated more often, Mkobo or Fundall?
Mkobo ships an update every 10 days, and Fundall monthly. Most recently, Mkobo was updated on October 20, 2026 and Fundall on October 18, 2026.

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