Top 5 Finance Apps on iOS in Africa Q3 2023

In the third quarter of 2023, the top 5 finance apps on iOS in Africa showcased varying trends in weekly downloads and active users, according to Sensor Tower data. Here's a closer look at their performance:

OPay-We are beyond Banking saw significant fluctuations in its weekly downloads. The app hit a peak of 129K downloads in the week of August 21, while the lowest point was 66K in the week of July 10. Active users increased from 454K in late June to approximately 591K by the end of September.

PalmPay - Transfers, Bills maintained a steady growth in weekly downloads, with a noticeable rise to 44.6K in the week of August 21. The active user base also grew from 248K in late June to around 290K by the end of September.

InstaPay Egypt experienced a consistent upward trend in weekly downloads, culminating in 62.9K downloads in the final week of September. The number of active users followed a similar trend, rising from 273K in late June to 356K by the end of the quarter.

Binance: Buy Bitcoin & Crypto had relatively stable weekly download numbers, peaking at 21.3K in the week of August 7. Active users showed a slight increase from 105K in late June to around 115K by the end of September.

PayPal - Send, Shop, Manage saw a gradual increase in weekly downloads, reaching a high of 17.1K in the week of September 11. The active user count rose from 43.6K in late June to approximately 51K by mid-September, before slightly declining to 46.7K at the end of the quarter.

For more detailed insights and data, visit Sensor Tower.