Top 5 Consumer Finance Apps on Android in Africa, Q1 2024

In the first quarter of 2024, the top 5 consumer finance apps on Android in Africa showed varied performance trends in terms of revenue, downloads, and active users. Here’s a closer look at the data from Sensor Tower.

YNAB saw its weekly revenue fluctuate, peaking at around $450 in mid-March. Downloads were highest at the start of January with 599 but dropped significantly to single digits in several weeks, before a slight recovery to 78 by the end of March. Active users started at 492 in early January and gradually declined to 248 by the end of the quarter.

Splitwise maintained a relatively stable weekly revenue, with a peak of $329 in late February. Weekly downloads showed a downward trend from 634 at the beginning of January to 411 at the end of March. Active users also saw a decline from 2.4K in early January to 1.7K by the end of the quarter.

For Wallet: Budget Expense Tracker, weekly revenue peaked at $303 in early January and saw a gradual decline to $201 by the end of March. Downloads started strong at 1.8K but dropped to 860 by the quarter's end. Active users showed a similar pattern, starting at 7.9K and ending at 6.7K.

Mobills: Budget Planner experienced a consistent decline in weekly revenue, starting at $200 in early January and dropping to $66 by the end of March. Active users also decreased from 77 in early January to 22 by mid-March.

Lastly, Monefy - Budget & Expenses app had a peak revenue of $175 in early January, which decreased to $76 by mid-March. Downloads showed a downward trend from 714 in early January to 305 by the end of March. Active users declined from 1.6K to 1.1K throughout the quarter.

For more detailed insights and data, visit Sensor Tower.