Monibac vs MoMo PSB NG
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Monibac
This app allows users to save money and earn interest by locking their funds for a specified period. It offers easy top-ups and withdrawals with no charges on deposits. Eligibility requires users to be over 18 and reside in Nigeria.
- Earn interest on locked savings
- No charges on deposits
- Easy top-up and withdrawal
- Account registration
- Savings lock periods
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Monibac is an app where you can save and earn interest on your savings, and easily top up and withdraw to your account. Why Monibac? There are no charges on deposits. You earn interest when you lock your savings. You can easily top up and withdraw to your account. How it works Install the Monibac App from the App Store Register your account Start saving Lock your savings for a specified period of time to earn interest. For example, if you save for 3 months, you get 3% of your savings; for 6 months, you get 5%. Eligibility Above 18 years Lives in Nigeria Contact Us Customer service Email: admin@monibac.com Customer service Hotline: 07060953139 Address: Block A211, Sura Shopping Complex, Lagos Island, Lagos State.
MoMo PSB NG
Manage your finances with this mobile money app, offering services for sending, spending, saving, and bill payments. It also provides virtual and physical debit cards for online and in-store transactions. Currently available only to customers in Nigeria.
- Send and receive money
- Buy airtime and data
- Make bill payments
- Save and manage savings
- Physical MoMo debit card
- Virtual MoMo card
- Check balance and transactions
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This app and its services are currently only available to customers in Nigeria. MoMo, your everyday money app. Now available in Nigeria, the Mobile Money (MoMo) App gives you a simple way to send, spend, save, and manage your money — all in one place. MoMo is MTN’s digital financial services platform, connecting millions of customers to financial services across Africa. With your MoMo wallet you can: - Transfer money quickly and conveniently. - Buy airtime and data for yourself, friends, and family. - Conveniently make bill payments. - Save and manage your savings directly in the app. - Get a physical MoMo debit card which you can use to pay in-store and online, and withdraw cash. - Get a MoMo virtual card on the app which you can use to pay online. - Check your balance and transactions. Backed by MTN and built on MoMo’s experience delivering digital financial services across Africa, the MoMo App gives you a simple, convenient way to manage your money in Nigeria.
Screenshots
Verdict
The clearest difference is ads: Monibac at none against MoMo PSB NG's shown. Monibac also leads on monetization model (free vs ad-supported). MoMo PSB NG's advantage is update cadence (every 5 days vs every 3 months) and review sentiment (38% vs 18%). On price, rating, ratings volume 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.
On the App Store both sit at effectively the same score — 2.8 for Monibac against 2.7 for MoMo PSB NG. Both are backed by a comparable volume of ratings — 87 and 157 respectively. Written reviews are what separate them: 18% of Monibac's written reviews are positive against 38% of MoMo PSB NG's.
Monibac ships an update every 3 months, MoMo PSB NG every 5 days. The most recent releases landed on November 7, 2026 and November 8, 2026 respectively.
| Parameter | Monibac | MoMo PSB NG |
|---|---|---|
| Price | Free | Free |
| Rating | 2.8 (87 ratings) — better | 2.7 (157 ratings) |
| Positive reviews | 17.9% of reviews | 37.9% of reviews — better |
| Number of ratings | 87 | 157 — better |
| Update frequency | Every 3 months | Every 5 days — better |
| Ads | No — better | Yes |
| In-app purchases | No | No |
| Monetization | Free — better | Ad-supported |
| Best chart rank | — | #154 — better |
| Devices | iPhone, iPad, iPod — better | iPhone, iPod |
| Requires iOS | 15.5 | 13.0 — better |
| Further details — not scored | ||
| Size | 68 MB | 168 MB |
| Age rating | 17+ | 17+ |
| Developer | Prime Zone Limited | MTN FINTECH(PTY) LTD |
Customer experience
Monibac
MoMo PSB NG
In-app purchases
Monibac
No in-app purchases
MoMo PSB NG
No in-app purchases
