Comparison

LAPO Mobile App vs MoneyMaster PSB

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

Head to head
About

LAPO Mobile App

Manage your finances on the go with this banking app. It offers self-onboarding, bill payments, transfers, and airtime purchases. Monitor your account and activities with ease.

Highlights
  • Self-Onboarding
  • Bill Payments
  • Transfers
  • Airtime Purchase
  • Account Monitoring
Features
Read full description

The LAPO Mobile App brings convenience and ease of banking for our customers without any hassle and tussle. Banking made easy and accessible just on the go with the following feature: Self-Onboarding Pay bills Transfers Airtime purchase Monitor your account and activities Enjoy banking with a whole new experience with LAPO Microfinance Bank offering cutting-edge banking services and solutions in the mobile App, Internet banking, USSD banking, CARDs, PoS, Agency Banking and so much more. We are poised to deliver exceptional banking service through our channels and products and be with our customers all through their banking experience with us.

About

MoneyMaster PSB

This digital banking app offers mobile wallets, savings, and current accounts for individuals and businesses. Manage funds, send money, pay bills, and purchase airtime/data conveniently.

Highlights
  • Mobile wallets
  • Savings and current accounts
  • Fund transfers
  • Bill payments
  • Airtime and data top-up
  • Business payment solutions
Read full description

MoneyMaster Payment Service Bank (MMPSB) is a leading digital bank in Nigeria that offers a broad range of services that include mobile wallets, savings account, individual current account and business account. Through these accounts, our customers can deposit and withdraw funds, send money, buy airtime and data, purchase or renew cable TV subscriptions, and pay utility bills, such as electricity and water, all from the palm of your hand. We support businesses by offering them bespoke seamless payment solutions, tailored collection services and vendor payment management. Registration: • Glo Customers: Simply enter your active Glo phone number to get started; no additional documents are required. If you wish to increase your transaction limits, you can provide your BVN (Bank Verification Number) for further validation. • Non-Glo Customers: You can open an account by using the phone number registered in your BVN profile. Enter your BVN, and you're good to go. Both Glo and non-Glo customers must use their BVN phone number for BVN validation, whether for account opening or limit adjustments. Types of Accounts: • Glo Customers: You can open a tier-2 mobile wallet without the need for additional validation. After BVN validation, customers from all Mobile Money Operators (MMOs) can open Savings and Current accounts. Savings and Current accounts come with a mobile wallet and default Tier-3 transaction limits. You can customize your transaction limits in the App settings. Services: 1. Fund Your Account: • Via Mobile Banking App: Open your existing mobile banking app, select the "send" or "transfer funds" option, enter the recipient's phone number without the first '0' (e.g., 805557xxxx), choose 'MoneyMaster PSB' as the recipient bank, enter your PIN, and submit. • At a Gloworld Shop: Visit your nearest Gloworld shop and deposit cash at the cashier's desk to fund your wallet. 2. Send & Receive Money: You can send money to any bank account or mobile wallet in Nigeria by providing the beneficiary's bank account number and bank name. To receive funds, simply share your phone number without the first zero as your account number. Alternatively, you can share your 10-digit savings or current account number (NUBAN) with the sender. 3. Withdraw Cash: To withdraw cash, visit your nearest Gloworld location. From your app, select 'withdraw,' enter the 6-digit agent code displayed at the cashier's desk, specify the amount, input your Transaction PIN, and you're done. Collect your cash from the cashier. 4. Buy Airtime & Data: You can purchase airtime for any mobile network operator in Nigeria and buy data packs directly from the app. We provide a pop-up menu for easy selection of data bundles for each operator. 5. Cable TV: Access the cable TV icon on the app, choose your service provider, select your plan, enter your customer ID (smartcard number), and submit. 6. Electricity: Navigate to the electricity icon on the app's homepage, select your biller, enter your meter number, specify the amount, input your PIN, and submit. For added convenience, you can save beneficiaries for future transactions. Check your most recent or historical transactions through the 'Transaction' button in the app's footer menu. To learn more about MoneyMaster PSB , please visit our website (https://moneymasterpsb.com/) or follow us on social media: • Facebook: https://www.facebook.com/profile.php?id=61552839581320&mibextid=LQQJ4d • Twitter: https://twitter.com/Moneymasterpsb • Instagram: https://www.instagram.com/moneymasterpsb/

Screenshots

LAPO Mobile App4 screens
MoneyMaster PSB4 screens

Verdict

The call

The clearest difference is rating: LAPO Mobile App at 2.4 against MoneyMaster PSB's 2.2. MoneyMaster PSB's advantage is review sentiment (29% vs 14%) and iOS requirement (15.1 vs 17.2). On price, ratings volume, update cadence and ads 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.

ReceptionRating · Positive reviews · Number of ratings

LAPO Mobile App holds the better App Store score, 2.4 against 2.2. Both are backed by a comparable volume of ratings — 36 and 23 respectively. Written reviews complicate that: 14% of LAPO Mobile App's written reviews are positive against 29% of MoneyMaster PSB's, so the app with the better star average is not the one people write more warmly about.

UpkeepUpdate frequency

LAPO Mobile App ships an update every 6 weeks, MoneyMaster PSB every 2 months. The most recent releases landed on October 25, 2026 and October 27, 2026 respectively.

Scorecard3 real differences · 7 level
LAPO Mobile App versus MoneyMaster PSB: the parameters behind the verdict, then further details
ParameterLAPO Mobile AppMoneyMaster PSB
PriceFreeFree
Rating2.4 (36 ratings) — better2.2 (23 ratings)
Positive reviews14.3% of reviews28.6% of reviews — better
Number of ratings36 — better23
Update frequencyEvery 6 weeks — betterEvery 2 months
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhoneiPhone, iPod — better
Requires iOS17.215.1 — better
Further details — not scored
Size37 MB60 MB
Age rating4+17+
DeveloperLAPO MFBMoneyMaster Payment Service Bank Limited

Customer experience

LAPO Mobile App

All ratings36 ratings
Positive30.6%
Neutral5.6%
Negative63.9%
Written reviews7 reviews
Positive14.3%
Neutral0.0%
Negative85.7%

MoneyMaster PSB

All ratings8 ratings
Positive37.5%
Neutral12.5%
Negative50.0%
Written reviews7 reviews
Positive28.6%
Neutral0.0%
Negative71.4%

In-app purchases

None

LAPO Mobile App

No in-app purchases

None

MoneyMaster PSB

No in-app purchases

Questions

Is LAPO Mobile App free?
LAPO Mobile App is free to download, with no in-app purchases.
Is MoneyMaster PSB free?
MoneyMaster PSB is free to download, with no in-app purchases.
Which has better reviews, LAPO Mobile App or MoneyMaster PSB?
LAPO Mobile App is rated higher. LAPO Mobile App averages 2.4 out of 5 from 36 ratings, while MoneyMaster PSB averages 2.2 from 23 ratings.
Do LAPO Mobile App or MoneyMaster PSB have ads?
Neither LAPO Mobile App nor MoneyMaster PSB shows ads.
Which is updated more often, LAPO Mobile App or MoneyMaster PSB?
LAPO Mobile App ships an update every 6 weeks, and MoneyMaster PSB every 2 months. Most recently, LAPO Mobile App was updated on October 25, 2026 and MoneyMaster PSB on October 27, 2026.

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