AI Insights · Timothy · July 2022
Top 5 Consumer Finance Apps on Android in Africa - Q2 2022
Discover the performance of the top 5 consumer finance apps on Android in Africa during Q2 2022, based on data from Sensor Tower, including trends in downloads and active users.
During the second quarter of 2022, the top 5 consumer finance apps on the Android platform in Africa demonstrated varied performance in terms of downloads and active user engagement. Sensor Tower provides detailed insights into these trends.
Capitec Bank experienced fluctuating download numbers, with a peak of approximately 119K downloads during the week of June 20. The app saw a significant increase in active users, reaching around 2.7M by the end of June.
Kuda - Transfers and payments showed a notable rise in weekly downloads, peaking at about 102K in the week of May 23. Active users also grew steadily, reaching over 723K by the end of May.
BaridiMob demonstrated consistent weekly downloads, with a notable spike to roughly 62K in the week of May 9. Active users increased moderately, reaching approximately 452K by the end of June.
Timiza saw an impressive rise in weekly downloads, peaking at around 70K during the week of June 20. The app’s active users increased significantly, reaching about 343K by the same period.
The FNB Banking App maintained steady download numbers, with a peak of approximately 38K in the week of May 30. Active users showed a consistent trend, peaking at around 1.6M by the end of June.
For more detailed insights and data, visit Sensor Tower.
