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AI Insights · Timothy · January 2023

Top 5 Finance Apps on Android in Ghana Q4 2022

The top finance apps in Ghana saw significant changes in downloads and active users in Q4 2022, with [PalmPay Ghana](https://app.sensortower.com/overview/com.transsnet.palmpay.gh?country=US) leading the pack.

Top 5 Finance Apps on Android in Ghana Q4 2022

The fourth quarter of 2022 showcased notable trends in the performance of finance apps on the Android platform in Ghana. Here’s a detailed look at the top 5 apps, based on data from Sensor Tower.

PalmPay Ghana

TranssnetGhana's PalmPay Ghana experienced a remarkable surge in weekly downloads, starting at 926 in the first week of November and peaking at approximately 339.7K in the week of December 19. The app's weekly active users also saw a significant rise, reaching around 454.3K by the week of December 19.

Cocoaloan - Personal Loan

Sunflower Group's Cocoaloan - Personal Loan saw fluctuating download numbers, with a peak of about 205.4K in the week of November 28 before dropping to 1.6K by December 19. Active users followed a similar pattern, peaking at 287.6K in late November and then declining to around 127.9K by the end of December.

Fido - Online Loans App, Ghana

Fido Solutions' Fido - Online Loans App, Ghana showed a steady decrease in weekly downloads from 73.3K at the end of September to 32.1K by the last week of December. The app's weekly active users remained relatively stable, fluctuating around the 250K to 300K mark throughout the quarter.

NewLoan

NewLoanDeveloper's NewLoan experienced a tremendous rise in weekly downloads, starting at 2K in late September and peaking at approximately 139.8K in the week of December 19. Active users followed a similar trajectory, reaching around 150.7K by the end of December.

MoMo

MTN's MoMo saw consistent growth in weekly downloads, peaking at around 60.1K in the last week of December. The app’s active users also increased steadily, reaching approximately 93.7K by the end of the quarter.

Overall, the fourth quarter of 2022 was marked by dynamic changes in the performance of top finance apps on the Android platform in Ghana. For more detailed insights, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: January 2023