Top 5 Consumer Finance Apps on Android in Nigeria in Q2 2022

In Q2 2022, the performance of the top consumer finance applications on the Android platform in Nigeria presented an interesting landscape. Below, we delve into the weekly download and active user trends for the top 5 apps based on data from Sensor Tower.

Kuda - Transfers and payments experienced a notable increase in weekly downloads, peaking at approximately 101K in the week of May 23. However, the quarter ended with a decline to around 43K downloads in the final week of June. The app also saw a steady increase in weekly active users, reaching a high of around 722K in late May before settling at approximately 641K by the end of June.

Access More saw its weekly downloads fluctuate, peaking at about 35K in early June. The app's weekly active users showed growth, starting at approximately 619K at the beginning of the quarter and ending at around 647K.

UBA Mobile Banking maintained a relatively stable download rate, with a notable peak of roughly 32K in the last week of June. Weekly active users for the app began at around 431K and saw a significant rise to approximately 442K by the end of the quarter.

FirstMobile showed consistent weekly downloads, peaking at about 26K in late May. Weekly active users for the app were relatively stable, starting at around 689K and ending the quarter at approximately 662K.

Access Bank (Ghana) Plc had a steady download rate, peaking at around 22K in multiple weeks. The app’s weekly active users remained stable throughout the quarter, starting at approximately 95K and ending at around 91K.

For more detailed insights into the performance of these apps and others, visit Sensor Tower.