Top 5 Finance Apps on iOS in Africa Q4 2022

The fourth quarter of 2022 saw notable activity among the top finance apps on the iOS platform in Africa. Here's a detailed look at the performance of the top 5 finance applications during this period, based on data from Sensor Tower.

OPay-We are beyond Banking demonstrated a consistent increase in weekly downloads, starting from approximately 15K in late September and peaking at around 27K in the week of December 19. Active users also saw a steady rise, growing from around 91K to nearly 120K by the end of December.

PalmPay - Transfers, Bills maintained a stable download rate throughout the quarter, fluctuating between 13K and 19K. Active users showed a gradual increase, starting at approximately 118K in late September and reaching around 134K by the end of December.

InstaPay Egypt experienced significant growth in downloads, particularly in December, with peaks reaching up to 33K in the final week. Active users mirrored this trend, increasing from around 58K in late September to over 121K by the end of the quarter.

Binance: Buy Bitcoin & Crypto saw a fluctuating download trend, with a notable spike to approximately 23K in mid-October. Active users, however, remained relatively stable, ending the quarter with around 98K users.

Kuda - Free transfer & payment showed a consistent download rate, ranging from 10K to 12K throughout the quarter. Active users exhibited a stable trend, starting at around 106K in early October and closing at approximately 116K by the end of December.

For more detailed insights and data, visit Sensor Tower.