AI Insights · Timothy · July 2022
Top 5 iOS Consumer Finance Apps in South Africa Q2 2022
The top 5 consumer finance apps in South Africa on iOS during Q2 2022 saw varied trends in downloads and active users, according to data from Sensor Tower.
The second quarter of 2022 showcased interesting trends for the top consumer finance apps on iOS in South Africa. Here's a breakdown of the performance of the leading apps in the category:
Capitec Bank experienced notable weekly download figures, peaking at around 10.5K in the final week of May. Active users fluctuated slightly but showed an overall increase, reaching around 280K by the end of June.
The FNB Banking App maintained a steady download rate, with weekly figures hovering between 3.5K and 4.5K. Active users demonstrated stability, climbing from approximately 320K at the start of the quarter to about 325K by the end.
Standard Bank / Stanbic Bank saw a consistent pattern in weekly downloads, ranging from 2.5K to 3.3K. Active users remained stable, averaging around 61K to 62K throughout the quarter.
Nedbank Money had a steady download rate, with weekly figures ranging from 2K to 2.7K. Active users showed a slight increase, stabilizing around 46K by the end of June.
Lastly, Absa Banking experienced a consistent weekly download rate, with numbers between 1.8K and 2.5K. Active users remained relatively stable, hovering around 28K to 29K throughout the quarter.
These insights are derived from data provided by Sensor Tower. For more detailed analysis and additional insights, visit Sensor Tower.
