Comparison

Equity Mobile vs Kobo Financial

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

Head to head
About

Equity Mobile

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
Read full description

Equity mobile has revolutionised digital banking. This app gives you complete control of your financial and lifestyle needs. Simply view your balances, pay your bills, buy airtime, send money and so much more, all from one convenient platform. With Equity mobile, you will be able to: Conveniently and securely do your banking - Open a bank account in an instant - Create your profile from the comfort of your home at any time - Have a full view of your accounts, balances and transactions - Download account statements and transaction receipts - Lost your card? Block it temporarily Grow - Borrow with ease - View and pay your loan balances Transact on the go - Send money -- To your own or other Equity accounts -- To other banks, locally or internationally -- To mobile money -- To your prepaid or credit card(s) - Pay with Equity -- Pay your bills -- Buy goods -- Pay to an M-PESA till - Buy airtime - Save people and businesses to your list of favourites Quick and easy access - Sign-in with fingerprint or facial recognition - Change the app to your preferred language (we support English, French, Kinyarwanda, Swahili and 中文)

About

Kobo Financial

Features
Read full description

Make your personal financial planning smarter, with Kobo! This app is going to be your sidekick in all money matters, helping you at every stage of life. It's like having a superhero toolkit of easy-to-use tools and smart advice to make your money decisions confidently. Smart Money Planning: Kobo is here whether you're just starting out or getting closer to retirement. Plan your finances to match where you are in your life. Tell us about your income, savings, and insurance, and get instant ideas to plan your financial future in the best possible way. Easy Money Management: Don't let budgeting confuse you. Kobo makes it simple! Create budgets, put your spending into groups, and keep an eye on your money easily. It's like having a money coach guiding you to your goals. Cool Investing Ideas: Don’t just earn it, grow it! Kobo has some great ideas to help you strengthen your portfolio. Get expert tips to help you make good investment choices. Whether you're new to this or know a lot, the app has info to help. Keep Your Finances Secure: Ensuring your money is safe is important. With Kobo learn how to keep your finances safe and secure the future of your loved ones. Find the expert guidance that will ensure you're managing your money just right! Personal Financial Planner: As you get older, Kobo grows with you. Get personalized reminders to keep you on track for your money goals. No more worrying about missing anything important – Kobo has got your back! Become a Finance Expert: Explore Kobo's library to learn more about personal financial planning. Find articles about saving, investing, and managing your money. Learning is like having a superpower, and Kobo is going to be your teacher. Experience the future of personal money management with Kobo. Save Better, Invest Better and Plan your Finances Better! Download Kobo now and begin your journey towards a better financial future.

Screenshots

Equity Mobile4 screens
Kobo Financial4 screens

Verdict

The call

The clearest difference is iOS requirement: Equity Mobile at 13.0 against Kobo Financial's 15.0. On price, update cadence, 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

CostPrice · In-app purchases · Ads · Monetization

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

UpkeepUpdate frequency

Equity Mobile ships an update fortnightly, Kobo Financial every 4 weeks. The most recent releases landed on October 30, 2026 and October 9, 2026 respectively.

Scorecard1 real difference · 9 level
Equity Mobile versus Kobo Financial: the parameters behind the verdict, then further details
ParameterEquity MobileKobo Financial
PriceFreeFree
Rating4.8 (6.8K ratings) — better—
Positive reviews75.4% of reviews—
Number of ratings6.8K — better—
Update frequencyFortnightly — betterEvery 4 weeks
AdsNoNo
In-app purchasesNoNo
MonetizationFree—
DevicesiPhone, iPodiPhone, iPod
Requires iOS13.0 — better15.0
Further details — not scored
Size203 MB56 MB
Age rating4+12+
DeveloperEquity Group HoldingRetirement Education Resource Center of North America, Inc.

Bugs and requests

Equity Mobile

Reported bugs

5 issues
  • 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

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

Kobo Financial

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

Equity Mobile

No in-app purchases

None

Kobo Financial

No in-app purchases

Questions

Is Equity Mobile free?
Equity Mobile is free to download, with no in-app purchases.
Is Kobo Financial free?
Kobo Financial is free to download, with no in-app purchases.
Do Equity Mobile or Kobo Financial have ads?
Neither Equity Mobile nor Kobo Financial shows ads.
Which is updated more often, Equity Mobile or Kobo Financial?
Equity Mobile ships an update fortnightly, and Kobo Financial every 4 weeks. Most recently, Equity Mobile was updated on October 30, 2026 and Kobo Financial on October 9, 2026.

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