Top 5 Finance Apps on iOS in South Africa Q2 2022

In Q2 2022, the top five finance apps on the iOS platform in South Africa showed varied performance trends. This analysis, based on data from Sensor Tower, highlights the weekly downloads and active user metrics for these apps.

Capitec Bank experienced fluctuating downloads throughout the quarter, peaking at approximately 10.5K in the week of May 30. Weekly active users saw a gradual increase from 266.5K at the end of March to around 280.4K by the end of June.

The FNB Banking App maintained a steady download rate, with numbers ranging from 3.6K to 5.2K. Active users showed a slight increase, starting at around 320.2K at the end of March and ending at approximately 325.3K by the end of June.

Standard Bank / Stanbic Bank had relatively consistent download numbers, with a slight upward trend towards the end of the quarter, reaching around 3.3K in the last week of June. Active users remained stable, hovering around the 60K to 62K mark throughout the quarter.

PayPal - Send, Shop, Manage showed consistent download figures, averaging around 2.4K per week. Active users also remained steady, fluctuating between 9.9K and 10.6K over the quarter.

Finally, Nedbank Money saw a gradual increase in downloads, peaking at approximately 2.8K in the last week of June. Active users demonstrated stability, ranging from 43.8K to 46.5K throughout the quarter.

For more detailed insights and data, visit Sensor Tower.