Comparison

Olive MFB vs Pennycounts

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

Head to head
About

Olive MFB

This finance app provides seamless banking services, including transfers, airtime, data, and bill payments. It aims to empower individuals, small businesses, and communities with accessible financial solutions.

Highlights
  • Seamless banking services
  • Money transfers
  • Airtime and data top-up
  • Bills payment
  • Financial solutions for individuals and businesses
Features
Read full description

Empowering lives with innovative financial solutions. Olive Microfinance Bank offers seamless banking services tailored to your needs. At Olive Microfinance Bank, we are committed to empowering individuals, small businesses, and communities with innovative and accessible financial solutions. Banking services - transfer, airtime, data, bills payment.

About

Pennycounts

Read full description

Pennycounts is a fast, secure way to handle everyday Nigerian bill payments — all from one app. PAY FOR EVERYTHING YOU NEED • Airtime and data top-ups for MTN, Glo, Airtel, and 9mobile • Electricity tokens for all major DisCos (AEDC, EKEDC, IKEDC, IBEDC, KAEDCO, KEDCO, PHED, JED, BEDC) • Cable TV subscriptions for DStv, GOtv, and StarTimes • Education PINs for WAEC, JAMB, NECO, and NABTEB SECURE BY DESIGN • Payments processed by Paystack, a CBN-licensed Payment Service Provider • Bank-grade encryption (TLS) with certificate pinning for every API call • Biometric login (Face ID / Touch ID) for fast, secure account access • We never see or store your card details — all payment processing is handled by Paystack INSTANT, CLEAR, RELIABLE • Real-time transaction status — see exactly when your token arrives • Detailed transaction history with downloadable receipts • Smart fee calculation shown clearly before you pay — no surprises NO WALLET, NO HASSLE • Pay directly from your bank account or card — no need to fund a wallet first • Bank transfer is the recommended payment method for lower fees • Service fees are kept low and disclosed before every transaction BUILT IN NIGERIA, FOR NIGERIANS Pennycounts is built and operated by Datafy Technologies Limited, a registered Nigerian company committed to making bill payments simple, secure, and reliable. Need help? Visit www.pennycountsng.com or email support@pennycountsng.com

Screenshots

Olive MFB3 screens
Pennycounts4 screens

Verdict

The call

The clearest difference is update cadence: Pennycounts at every 3 weeks against Olive MFB's every 6 weeks. 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

Olive MFB ships an update every 6 weeks, Pennycounts every 3 weeks. The most recent releases landed on October 22, 2026 and October 4, 2026 respectively.

Scorecard1 real difference · 9 level
Olive MFB versus Pennycounts: the parameters behind the verdict, then further details
ParameterOlive MFBPennycounts
PriceFreeFree
Rating3.7 (3 ratings) — better—
Positive reviews50.0% of reviews—
Number of ratings3 — better—
Update frequencyEvery 6 weeksEvery 3 weeks — better
AdsNoNo
In-app purchasesNoNo
MonetizationFree—
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS15.615.1 — better
Further details — not scored
Size80 MB26 MB
Age rating4+4+
DeveloperOlive Microfinance BankDatafy Technologies Limited

In-app purchases

None

Olive MFB

No in-app purchases

None

Pennycounts

No in-app purchases

Questions

Is Olive MFB free?
Olive MFB is free to download, with no in-app purchases.
Is Pennycounts free?
Pennycounts is free to download, with no in-app purchases.
Do Olive MFB or Pennycounts have ads?
Neither Olive MFB nor Pennycounts shows ads.
Which is updated more often, Olive MFB or Pennycounts?
Olive MFB ships an update every 6 weeks, and Pennycounts every 3 weeks. Most recently, Olive MFB was updated on October 22, 2026 and Pennycounts on October 4, 2026.

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