PennyTree

Name: PennyTree
Rating: 4.111111 (161 reviews)
Author: PennyTree Inc.

By: PennyTree Inc.

A Digital Bank connecting businesses and individuals

Features & Capabilities

PennyTree is a neo-bank that unifies personal and business banking in one platform. It provides personal services like transfers, bill payments, and savings vaults offering up to 27% per annum.

For businesses, PennyTree offers Merchant Services: a click-to-open business account, client and vendor payments, invoicing, receipts, real-time stamped statements, and daily transfers up to NGN5 million. It also features a Crowdfunding Platform where users can invest from NGN5,000 and earn competitive returns.

User Growth & Download Statistics

App Payments Investing

By:

Downloads:

Rating:

Version:

2.9.7 Last updated: 2026-06-03

Version code:

174

Creation date:

2021-12-07

Publisher country:

Permissions:

android.permission.ACCESS_COARSE_LOCATION Very high risk
android.permission.ACCESS_FINE_LOCATION Very high risk
android.permission.CAMERA Very high risk
android.permission.READ_CONTACTS Very high risk
android.permission.ACCESS_ADSERVICES_AD_ID Low risk
android.permission.ACCESS_ADSERVICES_ATTRIBUTION Low risk
android.permission.ACCESS_WIFI_STATE Low risk
android.permission.FOREGROUND_SERVICE Low risk
android.permission.INTERNET Low risk
android.permission.POST_NOTIFICATIONS Low risk

Size:

91.38MB

Email:

te*****@mypennytree.com

URLs:

Website ,Privacy policy

Full description:

Source:

Google Play Store

Data ingested on:

2026-06-11

Compare stats and ranking:

Ranking

# 401,777 ▲ 2,959

For Developers

Monetize with App Pass Boost with Extension Booster

Contact the developer

Chrome-Stats does not own this Android app. Please use these information below to contact the Android app developer.

Developed by:

PennyTree Inc.

Google Play Store

https://play.google.com/store/apps/details?id=com.pennysafe.pennytree

Email:

te*****@mypennytree.com

Website:

https://mypennytree.com

User Reviews

PennyTree app is praised for its user-friendly interface, effective savings plans, and convenient bill payment features. Users find it easy to set up and appreciate the financial management tools. However, many reviews highlight problems with delayed or failed fund transfers and withdrawals, poor or slow transaction processing, repeated verification steps, and issues with the referral program. Some users also report suspicious app behavior and poor customer support in resolving financial transaction problems.

Pros

User-friendly and easy to navigate interface
Helpful savings plans and financial features that encourage saving and earning interest
Supports bill payments such as airtime, data, and cable subscriptions
Good customer service experience reported by some users
Fast setup with low data consumption

Cons

Funds transfers and withdrawals often delayed or not received by recipients
Account verification and creation processes can be repetitive and frustrating
Referral program issues and missing or paused features
Multiple reports of transaction errors and slow payment processing
Some users report suspicious app behavior, like fake network errors

Recent reviews

Don't try installing this app, except you want to lost your funds. They will allow you to create an account but once you fund it they will reset (degrade account limit) you will not be able to send 1kobo