Comparison

Awesome MFB vs Katsu MFB

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

Head to head
About

Awesome MFB

Features
Read full description

Features of Awesome MFB: 1. Easy Account Management View account balances and transaction history. Manage multiple accounts effortlessly. 2. Seamless Transfers Transfer money between your accounts. Send money to friends and family instantly. Schedule future and recurring transfers. 3. Bill Payments Pay utility bills, credit card bills, and more. Set up auto-payments to avoid late fees. 4. Mobile Deposits Deposit checks using your phone's camera. Quick and secure deposit process. 5. Alerts & Notifications Receive real-time account alerts and notifications. Customize alerts for low balances, large transactions, and more.

About

Katsu MFB

Manage your personal and business finances with a licensed banking app. Open accounts, save with high interest, transfer funds securely, and access business loans. Offers tools for individuals and entrepreneurs.

Highlights
  • Open accounts in minutes
  • High-return fixed deposit savings
  • Secure money transfers
  • Bill payments and airtime top-up
  • Free business accounts
  • Access to business loans
  • Staff permission management
Features
Read full description

Katsu MFB: Your financial partner for every stage. Welcome to Katsu, where we make managing your money simple and effective. Licensed by the Central Bank of Nigeria, Katsu brings you a trusted app packed with tools for individuals and businesses alike. Whether you’re paying bills, saving with great returns, or growing your business, we’ve got your back. What makes us different? For Personal Banking: 1. Open an account in Minutes: No paperwork. No queues. Just download the app, choose your account type, complete your KYC, and you’re ready to go. 2. Fixed deposit savings: Want your money to grow while you sleep? Create fixed deposit accounts with interest rates from 16% to 28% annually. Set your duration, watch your funds grow, and even choose rollover options. 3. Secure transfers: Send money to other banks or Katsu users with complete peace of mind. Every transaction is PIN protected. 4. Managing daily expenses is effortless: Pay your electricity bills, buy airtime, fund your TV subscriptions, or handle education payments directly from the app. 5. Add unlimited beneficiaries and transfer money instantly to any Nigerian bank. Generate official bank statements whenever you need them. 6. Rich dashboard: Your dashboard shows everything at a glance: recent transactions, account analytics, and quick actions for the things you do most. For Business Banking: 1. Free business account: Open a no-cost business account with full access to our suite of tools (All the tools in a personal account and special business tools). 2. Access to credit: Need funding? Apply for loans directly within the app with flexible terms and quick review. · Commodity Financing: For traders, producers, and transporters of raw materials. · Inventory Financing: Stock up for the season without cash flow issues. · Working Capital: Covers everyday operations and keeps things running smoothly. · Invoice Discounting: Get paid on your terms—turn unpaid invoices into working cash. 3. Settlement account: Choose where your funds go when you withdraw, perfect for managing multiple accounts. 4. Staff permissions: Give your staff access to confirm customer payments without sharing sensitive business data. Activate or deactivate staff access at any time. ____________________________________________________________________________________ Built for Ease, Powered by Security Katsu uses multi-step verification, PIN protection, and encrypted processes to ensure your money stays safe. From onboarding to your day-to-day transactions, every step is secure. Ready to upgrade your banking? Join other Nigerians who've made the switch to Katsu. Whether you're saving for something special or growing your business, Katsu is here to help every step of the way. Download the app today and discover what banking should feel like. Customer Support Stuck? Have a question? Our team is always ready to help—any time, any day.

Screenshots

Awesome MFB4 screens
Katsu MFB4 screens

Verdict

The call

The clearest difference is ads: Awesome MFB at none against Katsu MFB's shown. Awesome MFB also leads on iOS requirement (13.4 vs 15.1). Katsu MFB's advantage is update cadence (fortnightly vs every 2 months). On price, 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

Awesome MFB ships an update every 2 months, Katsu MFB fortnightly. The most recent releases landed on October 4, 2026 and October 24, 2026 respectively.

Scorecard3 real differences · 7 level
Awesome MFB versus Katsu MFB: the parameters behind the verdict, then further details
ParameterAwesome MFBKatsu MFB
PriceFreeFree
Rating—4.0 (1 ratings) — better
Positive reviews—100.0% of reviews
Number of ratings—1 — better
Update frequencyEvery 2 monthsFortnightly — better
AdsNo — betterYes
In-app purchasesNoNo
Monetization—Free with in-app purchases
DevicesiPhone, iPad, iPod — betteriPhone, iPod
Requires iOS13.4 — better15.1
Further details — not scored
Size26 MB34 MB
Age rating4+4+
DeveloperAwesome Microfinance Bank020 Network Limited

In-app purchases

None

Awesome MFB

No in-app purchases

None

Katsu MFB

No in-app purchases

Questions

Is Awesome MFB free?
Awesome MFB is free to download, with no in-app purchases.
Is Katsu MFB free?
Katsu MFB is free to download, with no in-app purchases.
Do Awesome MFB or Katsu MFB have ads?
Katsu MFB shows ads; Awesome MFB does not.
Which is updated more often, Awesome MFB or Katsu MFB?
Awesome MFB ships an update every 2 months, and Katsu MFB fortnightly. Most recently, Awesome MFB was updated on October 4, 2026 and Katsu MFB on October 24, 2026.

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