Comparison

MahfuzMfb vs Teerus MFB Mobile

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

Head to head
About

MahfuzMfb

Features
Read full description

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.

About

Teerus MFB Mobile

Features
Read full description

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

MahfuzMfb4 screens
Teerus MFB Mobile4 screens

Verdict

The call

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

CostPrice Β· In-app purchases Β· Ads Β· Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

MahfuzMfb ships an update every 2 months, Teerus MFB Mobile every 4 days. Both last shipped on September 15, 2026.

Scorecard2 real differences Β· 4 level
MahfuzMfb versus Teerus MFB Mobile: the parameters behind the verdict, then further details
ParameterMahfuzMfbTeerus MFB Mobile
PriceFreeFree
Update frequencyEvery 2 monthsEvery 4 days β€” better
AdsYesNo β€” better
In-app purchasesNoNo
DevicesiPhone, iPad, iPod β€” betteriPhone, iPod
Requires iOS15.115.0 β€” better
Further details β€” not scored
Size48 MB42 MB
Age rating4+17+
DeveloperNigeria Interbank settlement System PLCTEERUS MICROFINANCE BANK LIMITED

In-app purchases

None

MahfuzMfb

No in-app purchases

None

Teerus MFB Mobile

No in-app purchases

Questions

Is MahfuzMfb free?
MahfuzMfb is free to download, with no in-app purchases.
Is Teerus MFB Mobile free?
Teerus MFB Mobile is free to download, with no in-app purchases.
Do MahfuzMfb or Teerus MFB Mobile have ads?
MahfuzMfb shows ads; Teerus MFB Mobile does not.
Which is updated more often, MahfuzMfb or Teerus MFB Mobile?
MahfuzMfb ships an update every 2 months, and Teerus MFB Mobile every 4 days. Most recently, MahfuzMfb was updated on September 15, 2026 and Teerus MFB Mobile on September 15, 2026.

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