Top 5 iOS Consumer Finance Apps in South Africa: Q3 2021 Performance

In Q3 2021, the top 5 consumer finance apps on the iOS platform in South Africa exhibited varied performance in terms of downloads and active users. Here's a closer look at how these apps fared, based on data from Sensor Tower.

Capitec Bank saw a notable fluctuation in weekly downloads throughout the quarter. Downloads peaked at around 15.7K in late June but experienced a decline, reaching approximately 6.5K in mid-July before stabilizing around 7K to 8K towards the end of the quarter. In terms of active users, the app maintained a relatively stable user base, hovering between 197K and 236K, with a noticeable peak at 236K in late August.

The FNB Banking App had a more consistent download trend, with weekly downloads ranging from 3.5K to 4.3K. Active users showed a slight decline from 319K at the beginning of the quarter to around 298K by the end of September, indicating a gradual decrease in user engagement over the period.

Standard Bank / Stanbic Bank exhibited a steady download pattern, with weekly downloads fluctuating between 2K and 2.8K. The app's active users remained relatively stable, ranging from 54K to 59K, with a slight increase towards the end of the quarter, peaking at 59K in late September.

Nedbank Money showed consistent weekly downloads, with figures mostly staying between 1.8K and 2.4K. The app's active user base was stable, ranging from 43K to 45K throughout the quarter, indicating consistent user engagement.

Lastly, TymeBank experienced a gradual increase in downloads, starting at around 2.6K in late June and maintaining figures between 1.5K and 2.4K for the rest of the quarter. The app's active users saw a positive trend, growing from 19K at the beginning of the quarter to approximately 25K by the end of September.

For more detailed insights and data on app performance, visit Sensor Tower.