AI Insights · Timothy · April 2024
Top 5 Consumer Finance iOS Apps in Kenya - Q1 2024
Discover the performance of the top 5 consumer finance apps on iOS in Kenya for Q1 2024, based on weekly downloads and revenue trends.
In Q1 2024, the performance of the top consumer finance apps on iOS in Kenya showed varied trends in weekly downloads and revenue. Here’s a closer look at how these apps performed:
Equity Mobile from Equity Group Holding maintained a steady download rate throughout the quarter. Weekly downloads fluctuated slightly, starting at 683 and peaking at 811 in mid-March. The app's downloads averaged around 700-800 per week.
KCB Mobile, developed by Kocela Limited, saw a consistent download trend as well. Downloads started at 538 in the first week of January and varied between 465 to 585 throughout the quarter, with a slight increase towards the end, reaching 556 in the last week of March.
BoAMobile by the Bank of Abyssinia, which was released in January 2024, experienced a strong start. Weekly downloads began at 123 and saw a significant rise, peaking at 1028 in early February. However, the app saw a gradual decline in downloads, ending the quarter with 232.
Timiza from Absa Bank Limited had a stable download rate with minor fluctuations. Starting at 282, the app's downloads peaked at 382 in mid-January and maintained an average of around 300 per week throughout the quarter.
CBE Mobile Banking(New) by the Commercial Bank of Ethiopia showed a consistent download trend. Weekly downloads began at 368 and saw minor fluctuations, peaking at 318 in mid-February before stabilizing around 233 towards the end of March.
This data, sourced from Sensor Tower, provides a snapshot of the app performance trends in Kenya's consumer finance sector on the iOS platform for Q1 2024. For more detailed insights, visit Sensor Tower.