AI Insights · Timothy · April 2023
Top 5 Finance Apps on Android in Kenya for Q1 2023
Discover the performance of the top 5 finance apps on the Android platform in Kenya during the first quarter of 2023, focusing on downloads and active users.
During the first quarter of 2023, the top 5 finance apps on the Android platform in Kenya showed varied performance in terms of downloads and active users. Here's a detailed look at each app's metrics, based on data from Sensor Tower.
FairKash+ : Quick Online Loans saw a strong upward trend in weekly downloads, starting from around 19K at the end of December 2022 and peaking at approximately 164K by the week of March 20. Active users followed a similar trend, increasing from about 79K to over 332K by the same week.
M-PESA maintained a steady performance in weekly downloads, with a notable peak in the week of January 23, reaching about 175K. Active users showed consistent growth, starting from around 3.3M and reaching approximately 3.8M by the end of March.
Zash Loan-Get loan instantly experienced fluctuations in weekly downloads, with a high of around 83K at the end of January and a low of about 35K in late February. Active users saw a slight decline from around 222K at the end of December to approximately 239K by the end of March.
Tala: Fast & Safe Pesa Loan had a relatively stable performance in weekly downloads, ranging from around 39K to 62K throughout the quarter. Active users remained steady as well, fluctuating between approximately 99K and 122K.
KeCredit Get money to M-Pesa saw significant growth in weekly downloads, starting from about 27K at the end of December and reaching nearly 97K by the week of March 20. Active users increased from around 158K to approximately 302K during the same period.
These insights provide a glimpse into the performance of the top finance apps in Kenya during Q1 2023. For more detailed analysis and data, visit Sensor Tower.
