AI Insights · Timothy · October 2022
Top 5 Consumer Finance Apps on Android in Kenya for Q3 2022
Explore the performance of the top 5 consumer finance apps on Android in Kenya during Q3 2022, featuring trends in weekly downloads and active users.
The third quarter of 2022 saw significant activity in the Kenyan consumer finance app market on the Android platform. Here's a detailed look at the performance of the top five apps: Equity Mobile, KCB, Timiza, SC Mobile Kenya, and PesaPap,Family Bank.
Equity Mobile experienced robust growth in weekly downloads, peaking at approximately 103.8K in the week of September 12. The app also saw an increase in weekly active users, rising from 260.3K at the start of the quarter to 552.5K by mid-September, and ending the quarter with 522.1K active users.
KCB maintained a steady download rate throughout the quarter, with a high of 33.1K downloads in the week of September 5. Active users also showed a consistent trend, starting at 261.2K and fluctuating slightly before ending at 278.7K.
Timiza had varied weekly download numbers, starting strong with 23.7K and ending the quarter at 23K. Active user numbers showed some fluctuations but remained relatively stable, starting at 290.4K and ending at 313K.
SC Mobile Kenya saw a spike in downloads in the week of July 11, reaching 13.3K, and ended the quarter with around 6.9K downloads. Active users increased from 207.8K at the beginning of the quarter to 227.3K by the end of September.
PesaPap,Family Bank had a steady flow of downloads, peaking at 6.2K in the week of September 5. Active users showed a modest increase, starting at 33.4K and reaching 37K by the end of the quarter.
These insights were derived from data provided by Sensor Tower. For more detailed analysis and additional insights, visit Sensor Tower.
