Top 5 Finance Apps on Android in South Africa Q3 2022

In Q3 2022, the top finance apps on Android in South Africa exhibited notable trends in downloads and active users. Below is an overview of the performance of each app based on insights from Sensor Tower.

Capitec Bank experienced a fluctuating pattern in weekly downloads, starting at around 62K in late June and peaking at nearly 113K by the end of September. Weekly active users also saw a rise, growing from approximately 2.7M in late June to about 2.9M by the end of the quarter.

FNB Banking App maintained a relatively steady download rate throughout the quarter, with weekly downloads ranging between 25K and 30K. Active users showed a slight decline, starting at around 1.6M in late June and ending at approximately 1.5M by late September.

VodaPay showed consistent weekly downloads, averaging around 25K to 30K, with a slight dip in early September. The app's active users remained stable, hovering around the 230K to 250K mark throughout the quarter.

TymeBank saw a steady download rate throughout the quarter, with weekly downloads ranging from 23K to 29K. Active users increased gradually from approximately 493K in late June to around 554K by the end of September.

SARS Mobile eFiling experienced a significant drop in weekly downloads, from around 35K in late June to approximately 16K by the end of September. Active users also declined, starting at nearly 94K in late June and dropping to about 74K by late September.

These insights from Sensor Tower provide a comprehensive view of the performance of the top finance apps on Android in South Africa for Q3 2022. For more detailed analytics and trends, visit Sensor Tower.