AI Insights · Timothy · January 2022
Top 5 Finance Apps on iOS in Africa Q4 2021
Explore the performance of the top 5 finance apps on iOS in Africa during Q4 2021, based on data from Sensor Tower.
In the fourth quarter of 2021, the top 5 finance applications on iOS in Africa demonstrated a variety of trends in weekly downloads and active users. Here’s a detailed look at their performance:
Binance: Buy Bitcoin & Crypto saw a significant rise in weekly downloads, peaking at around 16.2K in the week of October 25. The app maintained a strong presence with weekly active users increasing from approximately 67K to 88.5K during the same period.
Trust: Crypto & Bitcoin Wallet experienced notable fluctuations in weekly downloads, reaching a high of 19.7K in late October. Weekly active users also saw growth, peaking at approximately 78K in the same timeframe before settling around 60.5K by the end of December.
Kuda - Free transfer & payment showed a steady increase in weekly downloads, with numbers climbing to about 10.3K by the end of November. The app's weekly active users followed a similar trend, rising from around 44K to 57K over the quarter.
Blockchain.com: Crypto Wallet had a remarkable spike in weekly downloads, peaking at 33.9K in late October. Weekly active users also surged to approximately 82.8K during the same period, although it saw a subsequent decline, ending the quarter with around 38.4K active users.
Capitec Bank showed consistent performance with weekly downloads generally hovering around 7K to 8K throughout the quarter. The app maintained a strong user base, with weekly active users fluctuating between 224K and 251K.
These insights are based on data from Sensor Tower. For more detailed analytics and trends, visit Sensor Tower.