AI Insights · Timothy · July 2021
Top 5 Finance Apps on iOS in Africa: Q2 2021 Performance
Discover the performance trends of the top finance apps on iOS in Africa during Q2 2021, including data on weekly downloads and active users.
In Q2 2021, the top 5 finance apps on iOS in Africa showcased varied performance trends in terms of weekly downloads and active users. Here’s a closer look at how these apps fared during the quarter.
Capitec Bank from Capitec Bank Limited saw fluctuations in its weekly downloads, starting strong with around 22.5K at the end of March and peaking mid-quarter at 23.2K. However, downloads dipped to as low as 7.4K in early June before recovering to 21.7K by the end of June. Active users also showed a steady increase, rising from approximately 194.1K in late March to nearly 220K by the end of June.
Binance: Buy Bitcoin & Crypto exhibited a mixed trend in weekly downloads, with an initial high of around 11.3K in early April, peaking at 19.7K in early May, and then gradually declining to just over 6.2K by the end of June. Active users for Binance peaked at nearly 85K in mid-May before seeing a decline to around 61.1K by the end of the quarter.
Trust: Crypto & Bitcoin Wallet from DApps Platform Software Services Ltd. experienced significant fluctuations in weekly downloads, starting at 3.7K at the end of March, peaking at 11.1K in early May, and then declining to about 3.3K by the end of June. Active users for Trust Wallet saw a peak of 77.2K in early May, followed by a decrease to about 51.3K by the end of June.
Kuda - Free transfer & payment by Kuda Technologies Limited maintained a relatively stable download rate throughout the quarter, averaging around 6.4K downloads per week, with minor fluctuations. Active users showed a consistent upward trend, increasing from approximately 22.2K in late March to around 32.9K by the end of June.
PayPal - Pay, Send, Save from PayPal, Inc. also exhibited stability in weekly downloads, with figures hovering around 5.5K to 6.5K throughout the quarter. Active users for PayPal remained steady as well, rising slightly from approximately 23.7K in late March to about 25.2K by the end of June.
This data, sourced from Sensor Tower, provides a snapshot of the performance of these top finance apps in Africa. For more detailed insights, visit Sensor Tower.
