Top 5 Finance Apps on Android in Ghana - Q2 2022

The second quarter of 2022 saw significant activity in the finance app sector on Android in Ghana. Here’s a closer look at the performance of the top five finance applications, based on data from Sensor Tower.

Happyloan experienced a notable increase in weekly downloads, starting from around 8K at the beginning of April and peaking at 59K in the week of May 23. Active users also grew steadily, reaching approximately 76K in late May, before stabilizing around 69K by the end of June.

Fido - Online Loans App, Ghana maintained a consistent download rate throughout the quarter, with a significant spike to 51K in mid-June. Active users showed a healthy increase, starting at approximately 140K and peaking at around 185K in mid-June, before settling at 170K by the end of the quarter.

GhanaLending saw a substantial rise in weekly downloads, peaking at around 50K in early June. Active users increased from 36K in late March to approximately 85K by the end of June, indicating a growing user base.

MobiLoan experienced significant fluctuations in downloads, with peaks reaching nearly 80K in early May. This app did not have active user data available for the quarter.

ExpertOption - Mobile Trading showed a remarkable increase in weekly downloads, reaching a high of 66K in the last week of June. Active users also saw a significant rise, starting at around 2.6K in late March and peaking at 60K by the end of June.

This data from Sensor Tower highlights the dynamic nature of the finance app market in Ghana, with substantial growth in both downloads and active user engagement. For more detailed insights, visit Sensor Tower.