Comparison

Neocash Mobile vs Consumer MFB

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

Head to head
About

Neocash Mobile

This app provides quick and easy access to personal loans for Lagos State residents. Apply for amounts between ₦5,000 and ₦5,000,000 with flexible repayment terms and no collateral required for most loans. Funds are credited upon approval.

Highlights
  • Loan amounts from ₦5,000 to ₦5,000,000
  • Flexible repayment periods
  • Fast loan approval and disbursement
  • No collateral or guarantor needed
  • Secure and reliable loan service
  • Human-touch digital banking
Features
Read full description

LAGOS STATE RESIDENTS ONLY Whatsapp: 08081250499 ₦5,000 to ₦25,000,000, apply in just 5 minutes! No Collateral, No Guarantor, No Time! NeoCash is a new app from Shepherd Trust Microfinance Bank. We have been providing financial services to all classes of Nigerians since 2011, and are now bringing the same quality customer service right into your hands. We are on a mission to give a human touch to digital banking and as we scale, we’re bringing with us the same people-centric, customer focused culture we’ve always strived to build locally. Download our app now and apply for a loan in less than 5 minutes. Why Use NeoCash? - Borrow up to ₦5,000,000 - Choose your payment tenure - Fast and easy access to loans, with no hidden charges - Account is credited as soon as the loan is approved - No collateral or guarantor needed for most loans - NeoCash Loan App is extremely secure and reliable Loan characteristics Loan amounts from ₦5,000 to ₦5,000,000 Repayment period from 61 days to 12 months APR from 30% to 120% per annum Loan Requirements - A steady and verifiable source of income (Job or Business) - Bank statement (to prove income) - Gov't issued ID Card - A good credit history An example of a NeoCash loan Borrow ₦100,000 over 3 months Interest (total cost of the loan): ₦7,500 (2.5% rate) Three monthly repayments: ₦35,833 Total amount payable: ₦107,500 Representative: 30% APR

About

Consumer MFB

Manage your bank accounts on the go with this mobile application. Check balances, view statements, recharge airtime, and perform inter-bank transfers. Provide feedback directly to the bank through the app.

Highlights
  • Account balance check
  • Account statement access
  • Airtime recharge
  • Inter-bank transfers
  • Customer feedback submission
Features
Read full description

Consumer Mobile brings the bank into your hands. The app has the following features: Account balance Account statement Airtime Recharge Inter-bank Transfer The app also provides the functionality to get your feedback to the bank.

Screenshots

Neocash Mobile4 screens
Consumer MFB4 screens

Verdict

The call

The clearest difference is review sentiment: Consumer MFB at 100% against Neocash Mobile's 14%. Consumer MFB also leads on monetization model (free vs ad-supported) and iOS requirement (13.4 vs 15.6). Neocash Mobile's advantage is update cadence (every 3 weeks vs every 19 months). 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

Neocash Mobile ships an update every 3 weeks, Consumer MFB every 19 months. The most recent releases landed on October 17, 2026 and October 7, 2026 respectively.

Scorecard4 real differences · 6 level
Neocash Mobile versus Consumer MFB: the parameters behind the verdict, then further details
ParameterNeocash MobileConsumer MFB
PriceFreeFree
Rating3.7 (6 ratings) — better—
Positive reviews14.3% of reviews100.0% of reviews — better
Number of ratings6 — better—
Update frequencyEvery 3 weeks — betterEvery 19 months
AdsNoNo
In-app purchasesNoNo
MonetizationAd-supportedFree — better
DevicesiPhone, iPodiPhone, iPad, iPod — better
Requires iOS15.613.4 — better
Further details — not scored
Size159 MB26 MB
Age rating17+4+
DeveloperShephard Trust BankConsumer Microfinance Bank Ltd

Customer experience

Neocash Mobile

All ratings6 ratings
Positive66.7%
Neutral0.0%
Negative33.3%
Written reviews14 reviews
Positive14.3%
Neutral7.1%
Negative78.6%

Consumer MFB

Written reviews1 reviews
Positive100.0%
Neutral0.0%
Negative0.0%

In-app purchases

None

Neocash Mobile

No in-app purchases

None

Consumer MFB

No in-app purchases

Questions

Is Neocash Mobile free?
Neocash Mobile is free to download, with no in-app purchases.
Is Consumer MFB free?
Consumer MFB is free to download, with no in-app purchases.
Do Neocash Mobile or Consumer MFB have ads?
Neither Neocash Mobile nor Consumer MFB shows ads.
Which is updated more often, Neocash Mobile or Consumer MFB?
Neocash Mobile ships an update every 3 weeks, and Consumer MFB every 19 months. Most recently, Neocash Mobile was updated on October 17, 2026 and Consumer MFB on October 7, 2026.

Other comparisons