AI Insights · Timothy · April 2023
Top 5 Consumer Finance Apps on Android in Kenya: Q1 2023 Performance
Discover the performance of the top 5 consumer finance apps in Kenya on the Android platform for Q1 2023, including trends in downloads and active users.
In Q1 2023, the top 5 consumer finance apps on the Android platform in Kenya showcased varied performance trends. Below, we delve into the weekly downloads and active user trends for Equity Mobile, Timiza, KCB, PesaPap,Family Bank, and Stanbic Chama App, based on data from Sensor Tower.
Equity Mobile showed a somewhat fluctuating trend in weekly downloads, starting at 43.6K in the last week of December and fluctuating around the 20K to 37K range throughout the quarter. Active users started at approximately 647K and peaked at around 704K in the week of March 20.
Timiza had a notable peak in downloads with 24.9K in the week of January 23. Active users varied from 271K to 329K, with peaks aligning with the download surges.
KCB maintained a steady increase in weekly downloads, peaking at about 14K in early February. Active users remained relatively stable around the 270K to 290K range throughout the quarter.
PesaPap,Family Bank saw consistent weekly downloads, ranging from 3K to 5K. Active users showed minor fluctuations, maintaining a range between 37K and 42K.
Stanbic Chama App experienced a significant fluctuation in downloads, with a peak of 9.4K in late February.
For more detailed insights and trends, visit Sensor Tower.
