Comparison

Simplii Financial vs MPExchange

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

Head to head
About

Simplii Financial

Manage your finances on the go with this award-winning banking app. Pay bills, transfer funds, send and receive money internationally for free, and apply for new accounts. Enjoy exclusive offers and secure banking features.

Highlights
  • Pay bills
  • Transfer funds
  • Send/receive money internationally
  • Order foreign cash
  • Apply for accounts
  • Manage alerts
  • Chat with live agent
Features
Read full description

Bank on the go whenever you want with the Simplii FinancialTM award-winning app. Pay bills, transfer funds, send, request and receive money in Canada for free using Interac e-Transfer®, order foreign cash and send money internationally to over 90 countries with no transfer fees†. And that’s not all! Check out exclusive offers waiting for you and apply for products and accounts including a Foreign Currency Savings Account, allowing you to save in U.S. Dollars, Euros, Pounds, Yuan, Philippine Pesos or Rupees. Also, manage balance and credit alerts – as well as set custom marketing preferences – chat with an available live agent, and much more. Simple, convenient and secure – it’s time to start your engines! LANGUAGES Supports English PRIVACY Your privacy and security comes first. Learn more about how Simplii is committed to protecting you by visiting https://www.cibc.com/en/privacy-security.html LEGAL By downloading the Simplii Mobile Banking App you consent to the installation of this App and to any future updates or upgrades which may be automatically installed depending upon your device or operating system's default settings or the settings you have selected. The app (including any updates or upgrades) may: (i) cause your device to automatically communicate with our servers to deliver the features and functionality described in the app description or through new features as they are introduced, and to record usage metrics ; (ii) affect preferences or data stored on your device; and collect, use and disclose personal information as set out in our Privacy Policy. You can withdraw your consent at any time by uninstalling this App. For assistance, contact Simplii Financial at the mailing address or contact information below. "Simplii Financial" is a division of CIBC. Banking services are not available in Quebec. CONTACT For your banking questions, please visit: https://www.simplii.com/en/contact-us.html Simplii Contact Centre: 1-888-723-8881 Address: Simplii Financial, PO Box 603 Station Agincourt, Toronto, ON, M1S 5K9 Website: https://www.simplii.com/en/home.html © Interac e-Transfer is a registered trademark of Interac Inc. Used under license. †Simplii foreign exchange rates apply.

About

MPExchange

Features
Read full description

Seamless global money exchange and payments, fast, secure, and reliable.

Screenshots

Simplii Financial4 screens
MPExchange4 screens

Verdict

The call

The clearest difference is update cadence: Simplii Financial at every 5 weeks against MPExchange's every 3 months. MPExchange's advantage is iOS requirement (15.1 vs 17.0). On price, ads, in-app purchases and device support 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

Simplii Financial ships an update every 5 weeks, MPExchange every 3 months. The most recent releases landed on September 24, 2026 and September 13, 2026 respectively.

Scorecard2 real differences · 8 level
Simplii Financial versus MPExchange: the parameters behind the verdict, then further details
ParameterSimplii FinancialMPExchange
PriceFreeFree
Rating4.0 (74 ratings) — better—
Positive reviews26.5% of reviews—
Number of ratings74 — better—
Update frequencyEvery 5 weeks — betterEvery 3 months
AdsNoNo
In-app purchasesNoNo
MonetizationFree—
DevicesiPhone, iPad, Apple WatchiPhone, iPad, iPod
Requires iOS17.015.1 — better
Further details — not scored
Size143 MB49 MB
Age rating4+17+
DeveloperCIBCMaple PayExchange Inc

Bugs and requests

Simplii Financial

Reported bugs

3 issues
  • App freezes during login
  • Mobile deposit not working
  • Notification badge not clearing

Requested features

3 requests
  • Dark mode option
  • Transaction notifications
  • Improved account management tools

MPExchange

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

Simplii Financial

No in-app purchases

None

MPExchange

No in-app purchases

Questions

Is Simplii Financial free?
Simplii Financial is free to download, with no in-app purchases.
Is MPExchange free?
MPExchange is free to download, with no in-app purchases.
Do Simplii Financial or MPExchange have ads?
Neither Simplii Financial nor MPExchange shows ads.
Which is updated more often, Simplii Financial or MPExchange?
Simplii Financial ships an update every 5 weeks, and MPExchange every 3 months. Most recently, Simplii Financial was updated on September 24, 2026 and MPExchange on September 13, 2026.

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