# Mkobo vs CashMatrix

Mkobo and CashMatrix both sit at 3.6 stars, but that hides the real split: 100% of Mkobo's written reviews are positive against 43% of CashMatrix's. On price, rating, ratings volume and update cadence there is nothing between them.

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 3.4. Both are backed by a comparable volume of ratings — 7 and 12 respectively. Written reviews point the same way: 100% of Mkobo's written reviews are positive against 43% of CashMatrix's.

Mkobo ships an update every 10 days, CashMatrix every 2 weeks. The most recent releases landed on October 24, 2026 and October 21, 2026 respectively.

## The numbers

| Metric | Mkobo | CashMatrix |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[3.6 (7 ratings)](https://appshunter.io/ios/app/mkobo/id1539929765/reviews)** | [3.4 (12 ratings)](https://appshunter.io/ios/app/cashmatrix/id6470770885/reviews) |
| Number of ratings | 7 | **12** |
| Positive reviews | **100.0% of reviews** | 42.9% of reviews |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | **Every 10 days** | Every 2 weeks |
| Monetization | Free | Free |
| Size | 118 MB | 78 MB |
| Requires iOS | 15.6 | 15.6 |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Age rating | 17+ | 17+ |
| Developer | [MKOBO Microfinance Bank](https://appshunter.io/developer/1474980002) | [ASSET MATRIX MICROFINANCE BANK LIMITED](https://appshunter.io/developer/1714198978) |

## What reviewers say

### 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


### CashMatrix

[App page](https://appshunter.io/ios/app/cashmatrix/id6470770885)

Manage your finances with a user-friendly banking app offering fast transfers, instant bill payments, and airtime top-ups. Access quick loans, make investments with competitive interest rates, and track transactions in real-time. Enjoy 24/7 customer support and enhanced security for your financial information.

**Highlights:** Free and fast transfers, Instant bill payments, Airtime and data purchase, Quick loans, Investment options, Real-time transaction tracking, 24/7 customer support

**Features:** macOS Compatibility

**In-app purchases:** none


## Frequently asked questions

### Is Mkobo free?

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

### Is CashMatrix free?

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

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

Mkobo is rated higher. Mkobo averages 3.6 out of 5 from 7 ratings, while CashMatrix averages 3.4 from 12 ratings.

### Do Mkobo or CashMatrix have ads?

Neither Mkobo nor CashMatrix shows ads.

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

Mkobo ships an update every 10 days, and CashMatrix every 2 weeks. Most recently, Mkobo was updated on October 24, 2026 and CashMatrix on October 21, 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.*