AI Insights · Timothy · January 2022
Top 5 Consumer Finance Apps on Android in Africa, Q4 2021
A look at the performance of the top 5 consumer finance apps on Android in Africa during Q4 2021, featuring trends in downloads, revenue, and active users.
In Q4 2021, the top 5 consumer finance apps on the Android platform in Africa showed varied performance in terms of weekly downloads, revenue, and active users. Here's a detailed look at their trends based on data from Sensor Tower.
Wallet: Budget Expense Tracker saw fluctuating weekly revenue, peaking at $363 in late September and ending the year around $293. Weekly downloads experienced a gradual decline, starting at 1.9K in late September and dropping to roughly 1K by the end of December. Active users showed a decreasing trend, from 6.5K in late September to about 5.4K in the last week of December.
For Mobills: Budget Planner, weekly revenue remained relatively stable, ranging between $148 and $241 throughout the quarter. Downloads were low but spiked to 99 in the final week of December. Active users fluctuated slightly, peaking at 190 in late October and returning to 168 by the end of the year.
1Money: expense tracker budget experienced steady weekly revenue, with a notable peak of $193 in the week of December 20. Downloads showed significant growth, starting at 864 in late September and reaching 1.1K in the last week of December. Active user numbers remained stable, hovering around 5.2K throughout the quarter.
Zaim had consistent weekly revenue, maintaining figures between $117 and $146. However, there were no available data for downloads and active users during this period.
Lastly, Bankin' displayed stable weekly revenue, peaking at $167 in late November. Downloads were modest, starting at 87 in late September and ending at 32 by the end of December. Active users showed a slight decline from 894 in late September to 709 in the last week of December.
For more insights and detailed data, visit Sensor Tower.