Carbon: Mobile Banking & Loans
Carbon Finance and Investments Limited Finance iPhoneiPadiPod touch
Carbon: Mobile Banking & Loans is a free Finance app for iPhone and iPad by Carbon Finance and Investments Limited. Rated 4.5/5 from 10,219 ratings.
- Rating
- 4.5
- 10.2K ratings
- Price
- Free
- on the App Store
- Size
- 180 MB
- Age 4+
- Updated
- Sep 23
- 2026 · v5.3.2
Screenshots
About Carbon: Mobile Banking & Loans
Total control of your finances is possible! Meet Carbon, a credit-led pan African digital bank that makes banking make sense, and your all-in-one app for easy money management. Track and simplify your personal finances with our easy spending and payment options. Say goodbye to hidden bank charges, long queues and endless paperwork. Carbon's digital banking services are designed to change the way you bank, pay, spend and earn. Earn more when you save With Carbon, your money is always working for you. Save smart and earn more with up to 20% interest per annum on your savings. Get loans that make sense We've made loans easily accessible to help you reach your goals and stay in control. What you need to know about our loans: • Loan amounts range from ₦10,000 to ₦1,000,000 with repayment periods from 61 days to 12 months at monthly interest rates that range from 4.5% to 30% • Max APR: 195% per annum • No collateral or guarantor necessary • No hidden fees • Unlock higher loan amounts by repaying early and transacting regularly. Representative example: Loan of ₦1,000,000 borrowed for 12 months at 4.5% monthly interest. Total payable: ₦1,540,000. APR: 54%. Late fee: 0.03333% per day. A smarter way to buy now, pay later A smarter way to buy now, pay later at 0% monthly interest with Carbon Zero. Spread payments over 6 weeks or 4 monthly instalments for the things you love. Who needs cash when you've got the Carbon debit card #PinkPassport—your powerful, bold way to pay in Naira, anywhere. Control how your card works: set spend limits, block merchants, toggle ATM, POS, or online use—right from your dashboard. Here's why you'll love Carbon: Your Carbon account lets you do more than store money. Instead of fees, you earn 4% interest p/a on your average monthly deposits. Get instant loans of up to ₦1 million and smart saving options with returns up to 20% per annum. Instant loans whenever you need them We've made access to credit easy and simple. Available 24/7, no collateral or guarantor needed. No hidden fees ever You can bank on our transparency. Carbon gives you a clear breakdown of your transactions. Real-time alerts Where your money goes doesn't have to be a mystery. Get instant notifications for every transaction. Fast, simple and secure payments Send and receive money instantly and enjoy automatic reversals on failed transactions. Reliable customer support Focus on what matters—we're here for urgent queries. Reach us anytime through our support channels. You're always in control Freeze your card, cancel it, reset your PIN, set recurring payments, and rename saved beneficiaries, all from your Carbon app. Safe and secure banking Deposits are NDIC-insured. Carbon Microfinance Bank is licensed and regulated by the Central Bank of Nigeria (RC: 1642222). Carbon products include: • Carbon savings • Carbon loans • Carbon Zero • Carbon debit cards (#PinkPassport) Join over 5 million customers who trust Carbon to save, spend and manage their money on the go. Start banking with Carbon today.
Ratings & reviews
4.5
10.2K ratings
What’s new
Version 5.3.2 · Updated September 23, 2026
What's New? Smarter recipient bank detection: Bank and phone-number recipient detection now uses a centralized backend service, providing ranked bank suggestions without requiring an app update for future detection improvements. Clearer daily sending limits: Daily limit information is now available across transfer, contact, and beneficiary journeys, with usage progress, KYC-aware upgrade paths, and clearer validation messages. Safer bill payment shortcuts: Recent bill-payment shortcuts now prevent duplicate payee entries from routing customers to the wrong payment details. Improved savings validation: Savings-plan creation now checks minimum amounts and wallet balance earlier, with clearer guidance when additional funding is required. More reliable transfer decisions: Bank transfer success-rate indicators help customers identify banks with lower recent transfer success rates before selecting an institution. Cleaner product navigation: The deprecated Bank entry point under Cards & Banks and Carbon Zero from post-transaction recommendations have been removed using controlled app behavior. Better payment analytics: Savings Proceed events and payment-failure details now provide more useful insight into customer journeys and failed transactions. Update now for a smoother and more reliable experience. Thanks for choosing Carbon MFB!
App privacy
The developer, Carbon Finance and Investments Limited, reported these privacy practices to Apple.
Data Used to Track You
The following data may be used to track you across apps and websites owned by other companies:
- Other Data: Other Data Types
Data Linked to You
The following data, which may be collected and linked to your identity, may be used for the following purposes:
- Other Data: Other Data Types
- Financial Info: Payment Info
- Contact Info: Email Address, Name, Phone Number
Used for: Analytics, App Functionality
Data Not Linked to You
The following data, which may be collected but is not linked to your identity, may be used for the following purposes:
- Usage Data: Product Interaction, Other Usage Data
- Diagnostics: Crash Data, Performance Data, Other Diagnostic Data
Used for: Analytics, App Functionality
Alternatives to Carbon: Mobile Banking & Loans
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| App | Rating | Price | Last updated | Compare |
|---|---|---|---|---|
| Carbon: Mobile Banking & Loans | 4.5 / 5 (10,219 ratings) | Free | September 23, 2026 | |
| FairMoney: Save, Spend, Credit | 4.6 / 5 (14,462) | Free | Sep 25, 2026 | Compare |
| eLendly | 2.7 / 5 (105) | Free | Apr 8, 2024 | Compare |
| ALAT | 3.5 / 5 (2,374) | Free | Sep 10, 2026 | Compare |
| UBA Mobile Banking | 4.0 / 5 (12,203) | Free | Jul 16, 2026 | Compare |
| PiggyVest: Save & Invest Today | 4.6 / 5 (7,312) | Free | Sep 23, 2026 | Compare |
| Access More | 4.7 / 5 (118,046) | Free | Sep 16, 2026 | Compare |