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AI Insights · Timothy · July 2021

Top 5 iOS Consumer Finance Apps in Africa Q2 2021

In Q2 2021, the top 5 consumer finance apps on iOS in Africa showed varying trends in downloads and active users, with some apps experiencing significant growth.

Top 5 iOS Consumer Finance Apps in Africa Q2 2021

In the second quarter of 2021, the top five consumer finance applications on the iOS platform in Africa exhibited diverse performance trends. This analysis highlights the weekly downloads and active users of these apps. The data is sourced from Sensor Tower, where more detailed insights can be found.

Capitec Bank saw a fluctuating trend in weekly downloads, starting strong with around 22K downloads in early April and experiencing a decline to approximately 7.4K downloads by early June. However, there was a notable recovery towards the end of June, hitting about 21.7K downloads. Active users for the app remained relatively stable, peaking at around 219K at the end of June.

Kuda - Free transfer & payment maintained a consistent download rate throughout the quarter, averaging between 6K and 7.5K downloads per week. The app also saw a steady increase in weekly active users, starting from around 22K in late March and reaching approximately 32.8K by the end of June.

UBA Mobile Banking showed a steady download rate throughout Q2 2021, with weekly downloads hovering around 5K. Active users for UBA Mobile Banking also exhibited a gradual increase, starting from about 37.6K in late March and climbing to approximately 42.5K by the end of June.

Access More experienced a consistent growth in weekly downloads, beginning with about 4.5K downloads in late March and peaking at around 6.9K downloads by the end of June. The app's active users also showed a positive trend, increasing from approximately 33.5K in late March to around 47.3K by the end of the quarter.

Zenith Bank eaZymoney had a relatively stable download rate, with weekly downloads ranging from around 4K to 4.5K. The app's active users also remained steady, fluctuating around the 35K to 39K range throughout the quarter.

For more detailed insights and data, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2021