AI Insights · Timothy · April 2022
Top 5 Consumer Finance Apps on iOS in Africa Q1 2022
Discover the performance trends of the top 5 consumer finance apps on iOS in Africa for the first quarter of 2022, including weekly downloads and active users.
In the first quarter of 2022, the top 5 consumer finance apps on iOS in Africa showed varied performance trends in terms of downloads and active users. Data from Sensor Tower provides valuable insights into these trends.
Kuda - Free transfer & payment by Kuda Technologies Limited saw steady weekly downloads, starting with approximately 8.7K in late December 2021 and peaking at around 12.4K by the end of March 2022. Its weekly active users increased from roughly 57K at the beginning of the quarter to about 77.5K by the end.
Capitec Bank from Capitec Bank Limited also experienced growth. Weekly downloads fluctuated between 7K and 10.8K, with a notable peak at the end of March. The app’s active users rose from approximately 224.8K in late December to around 268.4K by the end of the quarter.
Access More by Access Bank Plc had weekly downloads ranging from 5.6K to 8.6K. The app’s active users increased steadily, starting at about 72.2K in late December and reaching around 88.5K by the end of March.
UBA Mobile Banking by United Bank For Africa showed consistent weekly downloads, peaking at approximately 8.5K in late February. Its active users rose from around 51.9K in late December to about 59.7K by the end of March.
Zenith Bank eaZymoney by Zenith Bank PLC had weekly downloads between 4.7K and 6.6K. The app’s active users grew from roughly 46.5K in late December to around 52K by the end of the quarter.
These insights are based on data from Sensor Tower, where more detailed analytics can be explored.
