AI Insights · Timothy · July 2021
Top 5 Consumer Finance iOS Apps in South Africa Q2 2021
Explore the performance of the top 5 consumer finance apps on iOS in South Africa during Q2 2021, including trends in downloads and active users.
In the second quarter of 2021, the top five consumer finance applications on the iOS platform in South Africa demonstrated varied performance patterns in terms of downloads and active users. Here’s a detailed look at how these apps fared, based on data from Sensor Tower.
Capitec Bank saw fluctuating download numbers throughout the quarter. Weekly downloads began at approximately 22.4K at the end of March, dipped to around 7.4K in early June, and then rose to about 21.6K by the end of June. The app also maintained a strong presence with weekly active users, increasing from 193.6K at the start of the quarter to 219.1K by the end.
The FNB Banking App experienced a relatively stable download trend, starting with around 4.4K weekly downloads and ending with approximately 4.3K. Active users showed a more dynamic trend, starting at 325.8K, dipping to around 296.3K in mid-May, and then recovering to 319.3K by the end of June.
Standard Bank / Stanbic Bank maintained a consistent weekly download rate, with figures hovering around 2.5K to 2.8K throughout the quarter. Active users for the app remained steady, starting at 56.1K and ending at 57.6K, indicating slight growth over the three months.
Nedbank Money had a consistent download pattern, with weekly downloads ranging from 2.1K to 2.5K. The app’s active user base showed stability, starting from 43.9K and increasing slightly to 45.5K by the end of the quarter.
Lastly, TymeBank exhibited a steady increase in weekly downloads, starting at 2.5K in late March and peaking at 2.6K by the end of June. Its active users grew significantly from 11.2K in early April to 19.7K by the end of the quarter.
For more detailed insights and data on app performance, visit Sensor Tower.
