Comparison

Veengu Wallet vs Muthoot Forex

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

Head to head
About

Veengu Wallet

Features
Read full description

Veengu Consumer Wallet white label Application for presenting Veengu platform capabilities. A user receives an onboarding bonus and can perform transactions: - p2p transfer within Wallet - make a purchase by Veengu QR - bill payment and mobile top-up - own account transfer - cash deposit and cash withdrawal via an agent (mobilePOS) - cards issuing (integration with CMS) - money remittance Also, users can upload photos of documents to pass KYC process. All transactions are processed close-loop, without external integrations and money transfers.

About

Muthoot Forex

Facilitates foreign exchange and outward remittance services in compliance with RBI guidelines. Enables hassle-free currency exchange and money transfers abroad at competitive rates, empowering global travel and financial transactions.

Highlights
  • Foreign exchange services
  • Outward remittance
  • RBI compliant
  • Competitive rates
  • Hassle-free transactions
  • Global travel support
Features
Read full description

Forex & Outward Remittance services by Muthoot Forexare strictly executed as per the guidelines of RBI. With simplified foreign exchange services, our customers are empowered to travel anywhere in the world without having to worry about the availability of currency. Muthoot Foreign Exchange offers hassle-free currency exchange & outward remittance services at highly competitive rates

Screenshots

Veengu Wallet4 screens
Muthoot Forex4 screens

Verdict

The call

The clearest difference is iOS requirement: Muthoot Forex at 13.0 against Veengu Wallet's 15.1. On price, update cadence, ads and in-app purchases there is nothing between them.

Scored on Price ยท Rating ยท Positive reviews ยท Number of ratings ยท Update frequency ยท Ads ยท In-app purchases ยท Monetization ยท Best chart rank ยท Devices ยท Requires iOS

CostPrice ยท In-app purchases ยท Ads ยท Monetization

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

UpkeepUpdate frequency

Veengu Wallet ships an update every 4 months, Muthoot Forex every 5 months. Both last shipped on November 3, 2026.

Scorecard1 real difference ยท 7 level
Veengu Wallet versus Muthoot Forex: the parameters behind the verdict, then further details
ParameterVeengu WalletMuthoot Forex
PriceFreeFree
Positive reviewsโ€”100.0% of reviews
Update frequencyEvery 4 months โ€” betterEvery 5 months
AdsNoNo
In-app purchasesNoNo
Monetizationโ€”Free
DevicesiPhone, iPad, iPod โ€” betteriPhone, iPod
Requires iOS15.113.0 โ€” better
Further details โ€” not scored
Size54 MB16 MB
Age rating4+4+
DeveloperVEENGU - FZCOMuthoot Finance Limited

In-app purchases

None

Veengu Wallet

No in-app purchases

None

Muthoot Forex

No in-app purchases

Questions

Is Veengu Wallet free?
Veengu Wallet is free to download, with no in-app purchases.
Is Muthoot Forex free?
Muthoot Forex is free to download, with no in-app purchases.
Do Veengu Wallet or Muthoot Forex have ads?
Neither Veengu Wallet nor Muthoot Forex shows ads.
Which is updated more often, Veengu Wallet or Muthoot Forex?
Veengu Wallet ships an update every 4 months, and Muthoot Forex every 5 months. Most recently, Veengu Wallet was updated on November 3, 2026 and Muthoot Forex on November 3, 2026.

Other comparisons