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AI Insights · Timothy · July 2023

Top 5 Consumer Finance Apps on Android in Kenya for Q2 2023

Explore the performance of the top 5 consumer finance apps on Android in Kenya during Q2 2023, including trends in downloads and active users.

Top 5 Consumer Finance Apps on Android in Kenya for Q2 2023

During Q2 2023, the top 5 consumer finance apps on the Android platform in Kenya showed varied performance in terms of downloads and active users. Here’s a closer look at their trends:

Equity Mobile from Equity Group experienced fluctuations in weekly downloads, starting with 27.4K in the final week of March and ending with 17.5K in the last week of June. The app saw a peak of 28.4K downloads in the week of May 1. Active users showed a mixed trend, with a slight dip early in the quarter to 682.6K but recovering to 719.3K by the end of June.

Timiza by Absa Group Limited also had varied weekly downloads, beginning with 13.7K and ending at 7.3K. The highest downloads were recorded in mid-May at 12.3K. Active users for Timiza started at 299.4K, increased to a high of 321.7K in mid-May, and then settled at 294.8K by the end of June.

KCB from KCB BANK GROUP saw its weekly downloads fluctuate, starting at 13.4K and ending at 9.1K, with a notable dip to 5.5K in early May. The app’s active users ranged from 281.7K at the beginning of the quarter to 254.8K by the end of June, peaking at 300.6K in the first week of June.

KCB iBank, also from KCB BANK GROUP, had a steady download rate, starting with 3.9K and ending at 4K in the last week of June. The highest downloads were seen in mid-May at 7.4K.

PesaPap, Family Bank maintained a relatively stable download rate, starting at 4.5K and ending at 4.4K, with a peak of 4.6K in mid-June. Active users for PesaPap, Family Bank saw a slight increase from 41.8K at the start of the quarter to 42.7K by the end.

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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2023