Mkobo vs SeedFi
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
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.
- 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
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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!
SeedFi
This app connects users to loan opportunities, allowing them to form or join communities for better interest rates and discounts. It facilitates group borrowing to achieve financial goals.
- Access loan opportunities
- Create or join loan communities
- Benefit from community discounts
- Achieve better interest rates
- Financial goal achievement
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SeedFi provides access to various loan opportunities. Create or join a cluster on SeedFi to enjoy better interest rates and discounts given to SeedFi communities.
Screenshots
Verdict
The clearest difference is review sentiment: Mkobo at 100% against SeedFi's 42%. Mkobo also leads on update cadence (every 9 days vs every 2 months) and rating (3.6 vs 3.3). 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
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
Mkobo holds the better App Store score, 3.6 against 3.3. Both are backed by a comparable volume of ratings — 7 and 17 respectively. Written reviews point the same way: 100% of Mkobo's written reviews are positive against 42% of SeedFi's.
Mkobo ships an update every 9 days, SeedFi every 2 months. The most recent releases landed on July 23, 2026 and September 23, 2026 respectively.
| Parameter | Mkobo | SeedFi |
|---|---|---|
| Price | Free | Free |
| Rating | 3.6 (7 ratings) — better | 3.3 (17 ratings) |
| Positive reviews | 100.0% of reviews — better | 41.7% of reviews |
| Number of ratings | 7 | 17 — better |
| Update frequency | Every 9 days — better | Every 2 months |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | Free |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Requires iOS | 15.6 | 15.6 |
| Further details — not scored | ||
| Size | 77 MB | 121 MB |
| Age rating | 17+ | 17+ |
| Developer | MKOBO Microfinance Bank | The Dataseed Company Limited |
Customer experience
Mkobo
SeedFi
In-app purchases
Mkobo
No in-app purchases
SeedFi
No in-app purchases
