AI Insights · Timothy · January 2023
Top 5 iOS Consumer Finance Apps in Africa for Q4 2022
Discover the performance of the top 5 consumer finance apps on iOS in Africa for Q4 2022, including trends in downloads and active users.
In the fourth quarter of 2022, the top 5 consumer finance applications on iOS in Africa showed varying trends in downloads and active users. Here’s a detailed look at the performance of these apps.
Kuda - Free transfer & payment experienced fluctuating weekly downloads, peaking at around 11.9K in early November before dropping to approximately 10.2K by the end of December. Weekly active users saw a steady increase from 106.9K in early October to around 116.1K in the last week of the year.
Capitec Bank had a similar trend in downloads, starting at 11.4K in late September and ending the year at around 9.5K. Active user numbers varied throughout the quarter, peaking at 298K in late October before stabilizing at around 283K by the end of December.
NBE Mobile showed a decline in weekly downloads from 12.2K at the beginning of the quarter to approximately 7K by the end. However, active users increased steadily, from 136.6K in late September to around 146.7K by the end of December.
Access More saw weekly downloads fluctuate between 7.2K and 8.8K throughout the quarter. The app’s active users grew from 121.6K in late September to 132.8K in the final week of December.
UBA Mobile Banking maintained a consistent download rate, starting at 8.7K in late September and ending at around 7.4K in December. Weekly active users showed a gradual increase from 72.3K in late September to approximately 75.9K by the end of the year.
These insights are provided by Sensor Tower, where you can find more detailed analytics and trends.