Comparison

Assets MFB vs penAm pensions

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

Head to head
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.

About

penAm pensions

Features
Read full description

PenAm puts your pension account in your pocket. Designed for members of Nigeria's Contributory Pension Scheme, PenAm gives you secure, real-time access to manage your retirement savings from anywhere. With PenAm, you can: • View your total portfolio balance, unit price, and fund scheme at a glance • Track Mandatory Contributions (RSA) and Voluntary Contributions (AVC) separately • Review detailed contribution history with custom date range filters • See a full balance summary — brought forward, carried forward, employee and employer contributions • Apply for and manage benefits documentation • Transfer contributions between fund schemes • Download and review your account statements PenAm is built to give pension holders clarity and control over their retirement savings, backed by secure login and encrypted data handling. Manage your pension. Anytime, anywhere.

Screenshots

Assets MFB4 screens
penAm pensions4 screens

Verdict

The call

Assets MFB and penAm pensions are too close to call on the numbers: across 6 compared parameters — price, update cadence, ads and in-app purchases among them — neither pulls far enough ahead to decide it. What separates them is feature set and interface, not measurable difference.

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

Both ship on a similar rhythm, roughly fortnightly. The most recent releases landed on October 30, 2026 and October 31, 2026 respectively.

ScorecardNo meaningful differences
Assets MFB versus penAm pensions: the parameters behind the verdict, then further details
ParameterAssets MFBpenAm pensions
PriceFreeFree
Rating4.9 (14 ratings) — better—
Positive reviews100.0% of reviews—
Number of ratings14 — better—
Update frequencyFortnightlyFortnightly
AdsNoNo
In-app purchasesNoNo
MonetizationFree—
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS15.615.0 — better
Further details — not scored
Size80 MB22 MB
Age rating17+4+
DeveloperAssets Microfinance Bank LimitedCavidel Limited

In-app purchases

None

Assets MFB

No in-app purchases

None

penAm pensions

No in-app purchases

Questions

Is Assets MFB free?
Assets MFB is free to download, with no in-app purchases.
Is penAm pensions free?
penAm pensions is free to download, with no in-app purchases.
Do Assets MFB or penAm pensions have ads?
Neither Assets MFB nor penAm pensions shows ads.
Which is updated more often, Assets MFB or penAm pensions?
Assets MFB ships an update fortnightly, and penAm pensions fortnightly. Most recently, Assets MFB was updated on October 30, 2026 and penAm pensions on October 31, 2026.

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