Top 5 Consumer Finance iOS Apps in Africa for Q2 2023

During the second quarter of 2023, the leading consumer finance apps on iOS in Africa experienced notable trends in their weekly downloads and active user metrics. Data from Sensor Tower provides a comprehensive overview of these trends.

Kuda - Free transfer & payment from Kuda Technologies Limited saw a fluctuation in weekly downloads, peaking at 14.1K in late March and dipping to a low of 9.5K by mid-April. Downloads then stabilized, ranging between 10K and 11K for the rest of the quarter. Active users for the app showed a slight increase, starting at around 131.9K at the end of March and reaching approximately 139.9K by the end of June.

Capitec Bank by Capitec Bank Limited had a steady download performance, with numbers ranging from 8.5K to 15.3K throughout the quarter. Active users were relatively stable, starting at 292.5K at the end of March, dipping to 267.6K in mid-April, and closing the quarter at about 292.9K.

GTWorld from Guaranty Trust Bank PLC experienced a varied trend in weekly downloads, from a high of 12.7K in late March to a low of 7.5K in mid-April, and a resurgence to around 10.4K by mid-June. Active user metrics for GTWorld showed a gradual increase, moving from 104.9K at the end of March to 121.6K by the end of June.

UBA Mobile Banking by United Bank For Africa saw weekly downloads mostly stabilize between 7.1K and 9.7K throughout the quarter. Active user numbers were consistent as well, beginning at 89.4K at the end of March and closing at approximately 89.9K in late June.

Access More from Access Bank Plc had a steady download rate, with weekly numbers ranging from 6.3K to 9.2K. The app's active users showed a positive trend, starting at 145.6K at the end of March and peaking at around 164.6K by mid-June.

These insights, sourced from Sensor Tower, highlight the dynamic nature of consumer finance apps in Africa. For more detailed analytics and trends, visit Sensor Tower.