Comparison

CashMatrix vs Assets MFB

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

Head to head
About

CashMatrix

Manage your finances with a user-friendly interface offering fast transfers, instant bill payments, and airtime top-ups. Access quick loans, make investments with competitive interest rates, and track transactions in real-time. Enjoy 24/7 customer support for secure banking anytime, anywhere.

Highlights
  • Free and fast transfers
  • Instant bill payments
  • Airtime top-up and data purchase
  • Quick loans
  • Investment with competitive interest rates
  • Real-time transaction tracking
  • 24/7 customer support
Features
Read full description

We understand how busy life can get and we don't want banking to get in the way that's why we've made CashMatrix App. Some of our key features are: Free and fast Transfers Instant bill payments Airtime top-up and data purchase Quick loans with flexible repayment options Investment with competitive interest rates Real-time transaction tracking 24/7 customer support Our app has a user-friendly interface and also features enhanced security measures to protect your personal and financial information. Download now and enjoy the freedom of banking at ease anytime, anywhere. Cashmatrix is a digital product of Asset Matrix Microfinance Bank Limited (AMMFB)

About

Assets MFB

Manage your money with a digital wallet that lets you save, invest, send, and grow your wealth. Open a Nigerian bank account in minutes, enjoy secure transactions, and access loans. Offers convenient bill payments and airtime recharges.

Highlights
  • Open Nigerian bank account in 2 minutes
  • Instant fund transfers
  • Competitive interest rates on savings
  • Invest in cash and fixed assets
  • Fast bill payments and airtime recharge
  • Access to loans with competitive rates
Read full description

Assets Microfinance Bank: Your Digital Wallet for a Smarter Financial Life Take control of your finances with Assets Microfinance Bank—a secure, convenient, and powerful platform designed to help you save, invest, send, and grow your wealth, all in one place. Simple & Secure Banking: Open a fully functional Nigerian bank account in just 2 minutes. Send & receive funds instantly to any Nigerian bank or financial institution. Enjoy advanced security features like memory words and night protection to keep your account safe. Stay updated with real-time email & phone alerts for all transactions. Effortless Saving & Investing: Earn competitive interest rates on your savings with flexible options. Lock away money for long-term growth or set up daily, weekly, or monthly savings plans. Invest in cash and fixed assets for potentially higher returns. Fast & Convenient Payments: Pay bills, recharge airtime, or purchase data instantly. Enjoy exclusive discounts on everyday transactions. Make up to 3 free transfers daily, with easy access to bulk payments for transferring to multiple recipients at once. Safe & Reliable Loans: Get access to loans with competitive rates to cover unexpected expenses. Your Privacy Matters: We respect your privacy with zero contact shaming—your information stays secure. Download Assets MFB today to join thousands of Nigerians managing their finances, building wealth, and enjoying a simpler, more secure banking experience.

Screenshots

CashMatrix4 screens
Assets MFB4 screens

Verdict

The call

The clearest difference is review sentiment: Assets MFB at 100% against CashMatrix's 43%. Assets MFB also leads on rating (4.9 vs 3.4). 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

Assets MFB holds the better App Store score, 4.9 against 3.4. Both are backed by a comparable volume of ratings — 12 and 14 respectively. Written reviews point the same way: 43% of CashMatrix's written reviews are positive against 100% of Assets MFB's.

UpkeepUpdate frequency

Both ship on a similar rhythm, roughly fortnightly. The most recent releases landed on October 30, 2026 and October 24, 2026 respectively.

Scorecard2 real differences · 8 level
CashMatrix versus Assets MFB: the parameters behind the verdict, then further details
ParameterCashMatrixAssets MFB
PriceFreeFree
Rating3.4 (12 ratings)4.9 (14 ratings) — better
Positive reviews42.9% of reviews100.0% of reviews — better
Number of ratings1214 — better
Update frequencyFortnightlyFortnightly
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS15.615.6
Further details — not scored
Size73 MB80 MB
Age rating17+17+
DeveloperAsset Matrix Microfinance Bank LtdAssets Microfinance Bank Limited

Customer experience

CashMatrix

All ratings12 ratings
Positive58.3%
Neutral8.3%
Negative33.3%
Written reviews7 reviews
Positive42.9%
Neutral0.0%
Negative57.1%

Assets MFB

All ratings14 ratings
Positive92.9%
Neutral7.1%
Negative0.0%
Written reviews2 reviews
Positive100.0%
Neutral0.0%
Negative0.0%

In-app purchases

None

CashMatrix

No in-app purchases

None

Assets MFB

No in-app purchases

Questions

Is CashMatrix free?
CashMatrix is free to download, with no in-app purchases.
Is Assets MFB free?
Assets MFB is free to download, with no in-app purchases.
Which has better reviews, CashMatrix or Assets MFB?
Assets MFB is rated higher. CashMatrix averages 3.4 out of 5 from 12 ratings, while Assets MFB averages 4.9 from 14 ratings.
Do CashMatrix or Assets MFB have ads?
Neither CashMatrix nor Assets MFB shows ads.
Which is updated more often, CashMatrix or Assets MFB?
CashMatrix ships an update fortnightly, and Assets MFB fortnightly. Most recently, CashMatrix was updated on October 30, 2026 and Assets MFB on October 24, 2026.

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