AI Insights · Timothy · October 2022
Top 5 Consumer Finance Apps in Kenya Q3 2022
Discover the performance of the top 5 consumer finance apps in Kenya during Q3 2022, including trends in downloads and active users.
The third quarter of 2022 saw notable trends in the performance of the top 5 consumer finance apps in Kenya. Here's a closer look at how these applications fared in terms of downloads and active users.
Equity Mobile demonstrated a remarkable increase in weekly downloads, peaking at 103.8K in mid-September. Active users also saw a significant rise, growing from 260.3K at the beginning of July to 522.1K by the end of September.
KCB experienced moderate growth in weekly downloads, with a high of 33.1K in early September. Active users showed a steady pattern, starting at 261.2K in late June and ending at 278.7K in late September.
Timiza saw fluctuating weekly downloads, with the highest being 28.6K in late July, followed by a dip and then a recovery to 23.4K by the end of September. The app's active users showed a slight increase, starting at 290.4K and reaching 313K by the end of the quarter.
SC Mobile Kenya had a variable download trend, peaking at 13.5K in mid-July. Active users increased from 208.1K in late June to 227.6K by the end of September, despite some fluctuations.
PesaPap,Family Bank maintained steady weekly downloads, with a peak of 6.3K in early September. Active users also showed a gradual increase, from 33.4K at the beginning of the quarter to 37K by the end.
For more detailed insights and data, visit Sensor Tower.
