MahfuzMfb vs Teerus MFB Mobile
Price, ratings, monetisation and update history for both apps, side by side β with what reviewers say about each.
MahfuzMfb
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Mahfuz Microfinance Bank offers a secure and non-interest digital banking solution designed to provide seamless access to financial services anytime, anywhere. Features: 1. Account Management: Manage your non-interest bank account directly from your mobile device. 2. Payments & Transfers: Make fast, secure payments and transfers to individuals, businesses, and institutions. 3. Transaction History: Track and monitor all your activities with real time updates and statements. 4. Secure Access: Advanced authentication and encryption ensure your information and transactions remain protected.
Teerus MFB Mobile
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Teerus is the official mobile banking app for Teerus Microfinance Bank, built for Nigerians who want simple, reliable access to their money wherever they are. Open a savings or current account directly from your phone, complete your KYC verification, and start banking straight away. Once you are set up, you can send money to any Nigerian bank via NIP, transfer between your own accounts, Set up Standing Instructions and save your frequent payees for faster repeat transfers. Paying bills is just as easy. Top up airtime and data on MTN, Airtel, Glo, and 9mobile, settle your DStv, GOtv, or StarTimes subscription, and pay your electricity bills all in one place. Request a virtual debit card linked to your account, set your PIN, and manage it directly from the app. Freeze or unfreeze it whenever you need to. We built in account analytics so you can track your spending, see your inflows and outflows, and download your account statements whenever you need them. On the security side, you can enable biometric login, set a transaction PIN, and turn on two-factor authentication for extra protection. Teerus Microfinance Bank is a CBN-licensed microfinance bank. Your deposits are protected in accordance with NDIC guidelines.
Screenshots
Verdict
The clearest difference is ads: Teerus MFB Mobile at none against MahfuzMfb's shown. Teerus MFB Mobile also leads on update cadence (every 4 days vs every 2 months). On price, in-app purchases, device support and iOS requirement there is nothing between them.
Scored on Price Β· Rating Β· Positive reviews Β· Number of ratings Β· Update frequency Β· Ads Β· In-app purchases Β· Monetization Β· Best chart rank Β· Devices Β· Requires iOS
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
MahfuzMfb ships an update every 2 months, Teerus MFB Mobile every 4 days. Both last shipped on September 15, 2026.
| Parameter | MahfuzMfb | Teerus MFB Mobile |
|---|---|---|
| Price | Free | Free |
| Update frequency | Every 2 months | Every 4 days β better |
| Ads | Yes | No β better |
| In-app purchases | No | No |
| Devices | iPhone, iPad, iPod β better | iPhone, iPod |
| Requires iOS | 15.1 | 15.0 β better |
| Further details β not scored | ||
| Size | 48 MB | 42 MB |
| Age rating | 4+ | 17+ |
| Developer | Nigeria Interbank settlement System PLC | TEERUS MICROFINANCE BANK LIMITED |
In-app purchases
MahfuzMfb
No in-app purchases
Teerus MFB Mobile
No in-app purchases





