AI Insights · Timothy · October 2022
Top 5 iOS Consumer Finance Apps in Africa Q3 2022
Discover the performance of the top 5 consumer finance apps on iOS in Africa for Q3 2022, including trends in downloads, active users, and more.
In Q3 2022, the iOS consumer finance app sector in Africa saw notable activity. Here’s a look at the performance of the top 5 apps based on data from Sensor Tower.
NBE Mobile
Released by the National Bank of Egypt in August 2022, this app experienced a strong debut. Weekly downloads peaked at around 73K in the second week of August, gradually declining to approximately 12K by late September. Active users showed a steady increase, reaching around 136K in the last week of September.
Kuda - Free transfer & payment
Kuda maintained consistent performance throughout the quarter. Weekly downloads hovered around 10K to 12K, with a slight peak at 12.7K in late August. Active users steadily increased from about 96K at the end of June to over 107K by the end of September.
Capitec Bank
Capitec Bank showed a steady rise in both downloads and active users. Downloads peaked at approximately 13.7K in the last week of August. Active users consistently increased, reaching nearly 296K by the end of September.
Access More
Access More saw weekly downloads stabilize around 8K to 10K. Active users showed a positive trend, starting at about 106K in late June and reaching over 121K by the end of September.
UBA Mobile Banking
UBA Mobile Banking had weekly downloads consistently around 7K to 9K, peaking at 8.8K in late September. Active users steadily increased from around 65K to over 72K throughout the quarter.
For more detailed insights and data, visit Sensor Tower.