Top 5 Finance Apps on Android in Ghana: Q4 2023 Performance Review

In the fourth quarter of 2023, the top five finance apps on the Android platform in Ghana showcased varying performance trends. Here’s a detailed look at their weekly downloads, active users, and revenue, based on data from Sensor Tower.

MoMo saw a dynamic quarter in terms of weekly downloads. Starting at 52.7K downloads in late September, the app experienced a significant spike, peaking at 80.8K downloads in early December. However, the quarter ended with a decline, reaching 17.3K downloads in the final week of December. The app’s weekly active users mirrored this trend, starting at 140.6K and peaking at 198.2K in early December before dropping to 131.1K by the end of the quarter.

Fido - Online Loans App, Ghana also had notable download activity. The app began the quarter with 25.9K downloads and saw a peak of 53.2K in early November. By the end of December, downloads had decreased to 11.3K. The active user base showed fluctuations, starting at 246.8K, peaking at 275.2K in early November, and ending the quarter at 204.2K.

SafeLoan experienced modest but steady download numbers. The app started with 10.8K downloads and saw an increase to 24.1K by the end of October, before declining to 4.6K in the last week of December.

PerfectLoan had a varied performance throughout the quarter. Downloads began at 17.3K, peaked at 23.6K in late October, and concluded the quarter at 8K.

Lastly, ProfitLoan showed a fluctuating trend in downloads. The app started with 18.4K downloads, reached a peak of 18.9K in late October, and ended the quarter with 10.8K downloads.

For more detailed insights and data on app performance, visit Sensor Tower.