Top 5 Consumer Finance Apps in Nigeria Q1 2022

In the first quarter of 2022, the top 5 consumer finance applications in Nigeria showed varied performance in terms of downloads and active users, according to data from Sensor Tower.

Kuda - Free transfer & payment saw a steady increase in weekly downloads early in the quarter, peaking at approximately 75K in the week of January 31. However, downloads declined towards the end of the quarter, reaching around 62K in the final week of March. The app also experienced a consistent rise in weekly active users, starting from approximately 563K at the end of December and climbing to about 658K by the end of March.

Access More maintained a positive trend in weekly downloads, starting from 23K in late December and peaking at about 38K in the final week of March. The app’s weekly active users also showed growth, increasing from around 615K at the end of December to approximately 705K by the end of March.

UBA Mobile Banking experienced fluctuations in weekly downloads, with a peak of approximately 36K in the last week of March. Weekly active users showed an overall upward trend, starting from around 440K at the end of December and reaching about 489K by the end of March.

Access Bank (Ghana) Plc had consistent weekly downloads throughout the quarter, peaking at around 27K in the last week of March. The app's weekly active users remained steady, with slight increases, starting at approximately 108K at the end of December and ending at around 117K by the end of March.

For UBA Mobile App, weekly downloads saw significant variation, peaking at about 37K in mid-February and dropping to around 17K by the end of March. Weekly active users also fluctuated, starting at approximately 111K at the end of December, peaking at around 151K in mid-March, and ending at about 130K by the end of the quarter.

For more detailed insights and data, visit Sensor Tower.