# Equity Mobile vs MOMBO

The clearest difference is ratings volume: Equity Mobile at 6.2K against MOMBO's 13. Equity Mobile also leads on iOS requirement (13.0 vs 15.0). MOMBO's advantage is rating (5.0 vs 4.8). On price, update cadence, ads and in-app purchases there is nothing between them.

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

MOMBO holds the better App Store score, 5.0 against 4.8. That said, the two scores are not equally well evidenced: Equity Mobile has 6.2K ratings behind it against 13, so its average is the more settled of the two.

Equity Mobile ships an update fortnightly, MOMBO every 10 days. The most recent releases landed on September 22, 2026 and September 20, 2026 respectively.

## The numbers

| Metric | Equity Mobile | MOMBO |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.8 (6.2K ratings)](https://appshunter.io/ios/app/equity-mobile/id1569017982/reviews) | **[5.0 (13 ratings)](https://appshunter.io/ios/app/mombo-a-digital-sacco/id6463207562/reviews)** |
| Number of ratings | **6.2K** | 13 |
| Positive reviews | 74.0% of reviews | — |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Fortnightly | **Every 10 days** |
| Monetization | Free | Free |
| Size | 203 MB | 98 MB |
| Requires iOS | **13.0** | 15.0 |
| Devices | iPhone, iPod | **iPhone, iPad, iPod** |
| Age rating | 4+ | 17+ |
| Developer | [Equity Group Holding](https://appshunter.io/developer/1524361029) | [Mombo Investments Ltd](https://appshunter.io/developer/1213747909) |

## What reviewers say

### Equity Mobile

[App page](https://appshunter.io/ios/app/equity-mobile/id1569017982)

Manage your finances and lifestyle needs from a single platform. This app allows you to view balances, pay bills, transfer funds, and even open accounts instantly. Securely access your financial information and perform transactions on the go.

**Highlights:** Instant account opening, View account balances and transactions, Pay bills and buy goods, Send money locally and internationally, Block lost cards, Borrow and manage loans, Biometric sign-in

**In-app purchases:** none

**What reviewers like**

- 👍 Easy and simple to use
- 🚀 Fast and efficient
- 💳 Convenient mobile banking
- 🤝 Excellent customer service
- 🔒 Reliable and secure

**What reviewers complain about**

- 🐛 Bugs and glitches
- 🔍 Incomplete functionality
- 💸 Expensive fees
- 🕰️ Slow app performance
- 🔑 Login issues

**Reported bugs**

- Unable to log in after app updates
- Verification options not working
- Buy goods and Paybill services not functioning
- Transactions not reflecting in account
- App crashes on launch

**Requested features**

- Download and view transaction receipts
- Access account statements for specific dates
- Integrate with mobile money services
- Add virtual card feature
- Improve multi-factor authentication


### MOMBO

[App page](https://appshunter.io/ios/app/mombo-a-digital-sacco/id6463207562)

This digital cooperative offers a convenient way to save, earn, borrow, and invest. Members can open accounts quickly, access transparent financial information, and benefit from competitive profit rates and flexible savings options. It also provides financial literacy resources and affordable loan opportunities.

**Highlights:** Mobile account opening, Transparent account information, Competitive profit rates, Flexible savings accounts, Financial literacy resources, Affordable loan options, Savings protection

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none


## Frequently asked questions

### Is Equity Mobile free?

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

### Is MOMBO free?

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

### Which has better reviews, Equity Mobile or MOMBO?

MOMBO is rated higher. Equity Mobile averages 4.8 out of 5 from 6.2K ratings, while MOMBO averages 5.0 from 13 ratings.

### Do Equity Mobile or MOMBO have ads?

Neither Equity Mobile nor MOMBO shows ads.

### Which is updated more often, Equity Mobile or MOMBO?

Equity Mobile ships an update fortnightly, and MOMBO every 10 days. Most recently, Equity Mobile was updated on September 22, 2026 and MOMBO on September 20, 2026.

---

*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*