AI Insights · Timothy · July 2023
Top 5 Finance Apps on iOS in Africa Q2 2023
Discover the performance of the top 5 finance apps on iOS in Africa during Q2 2023, featuring trends in downloads and active users.
In Q2 2023, the performance of the top 5 finance apps on the iOS platform in Africa showcased significant trends in downloads and active users. This data, sourced from Sensor Tower, provides a comprehensive look at how these apps fared throughout the quarter.
OPay-We are beyond Banking from OPay Digital Services Pte.Ltd. saw fluctuating weekly downloads, peaking at approximately 108K in the week of June 12. Active users for the app consistently increased, starting at around 361K in late March and reaching nearly 492K by mid-June.
EBC's InstaPay Egypt experienced its highest download week on June 19, with about 43K downloads. Active users for the app grew steadily from 194K at the end of March to approximately 273K by late June.
Palmpay Limited's PalmPay - Transfers, Bills had a notable week of downloads around May 22, reaching nearly 35K. The app's active users showed a consistent trend, maintaining around 248K to 275K throughout the quarter.
Binance: Buy Bitcoin & Crypto from Binance Switzerland AG recorded its highest downloads in the week of May 29, with approximately 17K. Active users remained relatively stable, hovering around 104K to 111K during Q2.
Kuda - Free transfer & payment by Kuda Technologies Limited saw its download numbers peak at around 14K in late March. Active users showed a slight increase, starting from approximately 132K in late March and reaching nearly 140K by the end of June.
For more detailed insights and data trends, visit Sensor Tower.