AI Insights · Timothy · October 2022
Top 5 Finance Apps on iOS in Nigeria for Q3 2022
Discover the performance of the top 5 finance apps on iOS in Nigeria for Q3 2022, including trends in weekly downloads and active users.
In the third quarter of 2022, the top finance apps on the iOS platform in Nigeria showed varied performance in terms of weekly downloads and active users. Here’s a closer look at the trends for the top 5 apps, based on data from Sensor Tower.
PalmPay - Transfers, Bills experienced a consistent increase in weekly downloads, peaking at approximately 18.3K in late August. The app also saw a steady rise in active users, starting at 89.7K in late June and climbing to around 116.1K by the end of September.
OPay-We are beyond Banking showed a similar upward trend in weekly downloads, reaching a peak of 18.3K in late August. Active users also increased steadily, from 67.2K in late June to about 90.8K by the end of September.
Kuda - Free transfer & payment saw a slight fluctuation in weekly downloads, peaking at around 12.5K in late August. Active users maintained a relatively stable trend, with a slight increase from 95.3K in late June to approximately 106.1K by the end of September.
Access More had a steady download rate, with a peak of around 10.1K in early August. The app's active users consistently grew from 103K in late June to approximately 118.2K by the end of September.
UBA Mobile Banking showed a steady increase in weekly downloads, peaking at around 8.6K in mid-September. The number of active users also saw a gradual rise from 63.5K in late June to about 70.6K by the end of September.
These insights highlight the growing adoption and engagement of finance apps in Nigeria. For more detailed analytics and trends, visit Sensor Tower.