Top 5 Consumer Finance Apps on Android in Nigeria: Q1 2024

In the first quarter of 2024, Nigeria's top 5 consumer finance apps on the Android platform showed varied performance trends in terms of downloads and active users. Here’s a closer look at how each app fared during this period.

Moniepoint Personal Banking saw a notable increase in weekly downloads, starting at around 90K in early January and peaking at approximately 153K in mid-March. The app's active users also grew steadily, beginning at around 394K and reaching nearly 571K by the end of the quarter.

Moniepoint Business Banking exhibited a similar upward trend. Weekly downloads rose from about 57K in the first week of January to approximately 115K by mid-March. Active users followed suit, increasing from around 359K to over 528K during the same period.

UBA Mobile Banking experienced consistent growth in weekly downloads, starting at roughly 36K and peaking at about 69K in mid-February. Active users also saw an upward trend, growing from approximately 474K to nearly 530K by the end of March.

Access More demonstrated significant gains in weekly downloads, beginning at around 31K in early January and reaching a peak of nearly 68K in mid-March. The app's active users saw a notable increase, starting at about 886K and surpassing 1M by mid-March.

Kuda - Transfers and payments showed a steady rise in weekly downloads, beginning at about 23K and peaking at approximately 41K in mid-March. Active users also increased gradually, starting at around 650K and reaching nearly 657K by the end of the quarter.

For more detailed insights and data on the performance of these apps, visit Sensor Tower.