AI Insights · Timothy · October 2021
Top Consumer Finance Apps on Android in Nigeria - Q3 2021
Discover the performance trends of the top 5 consumer finance apps on the Android platform in Nigeria during Q3 2021, including weekly downloads and active user metrics.
In Q3 2021, the top consumer finance apps on the Android platform in Nigeria exhibited varied performance trends in terms of weekly downloads and active users. According to data from Sensor Tower, here is an overview of the top 5 apps:
Kuda - Transfers and payments saw a significant fluctuation in weekly downloads, peaking at around 70K in late July and then stabilizing between 38K and 48K towards the end of the quarter. The app maintained a strong active user base, increasing from approximately 379K at the beginning of July to almost 452K by the end of September.
Access More exhibited a relatively steady download rate, with numbers ranging from 27K to 41K throughout the quarter. The active user count showed consistent growth, rising from about 485K in late June to over 529K by the end of September.
UBA Mobile App experienced a decline in weekly downloads from approximately 33K in late June to 22K by the end of September. However, the app's active user base remained stable, fluctuating between 96K and 120K during the same period.
UBA Mobile Banking had a consistent download rate, with weekly downloads ranging from 20K to 33K. The app’s active user count remained relatively steady, moving from about 403K at the end of June to nearly 404K by the end of September.
FirstMobile demonstrated stable weekly downloads, fluctuating between 18K and 27K throughout the quarter. The active user base showed minor variations, starting at around 632K in late June and ending at approximately 639K by the end of September.
These trends highlight the dynamic nature of the consumer finance app market in Nigeria. For more detailed insights and data, visit Sensor Tower.
