AI Insights · Timothy · March 2024
Top 5 Consumer Finance Apps on iOS in Nigeria for Q1 2024
Discover the performance of the top 5 consumer finance apps on iOS in Nigeria for the first quarter of 2024, including trends in downloads and active users.
In the first quarter of 2024, the top 5 consumer finance applications on the iOS platform in Nigeria showed varying trends in downloads and active users. Below is a detailed performance overview of these apps based on Sensor Tower data.
Kuda - Free transfer & payment experienced a relatively stable trend in weekly downloads, peaking at around 14.8K in the last week of February. Weekly active users hovered around 156K at the start of January, reaching a high of 167K in early March before slightly dropping to 156.9K by the end of the quarter.
Moniepoint Business Banking showed a consistent increase in weekly downloads, starting at 10.8K in the first week of January and reaching 13.2K by mid-March. Weekly active users also demonstrated steady growth, beginning at 96.2K in early January and climbing to 117.4K by the end of March.
Moniepoint Personal Banking saw a gradual rise in weekly downloads, starting at 9.8K in the first week of January and peaking at 12.2K in the last week of March. Active users for this app also increased steadily, starting at around 38K and reaching 53.3K by the end of the quarter.
Access More had a fluctuating download trend, with weekly downloads peaking at 8.7K in mid-March. Active users started at 175K in early January, with a slight increase to 184.7K by the first week of March, then declined to 177.2K by the end of March.
UBA Mobile Banking showed steady weekly downloads, with numbers ranging from 7K to 8.6K throughout the quarter. Active users remained relatively stable, starting at 91.5K in early January and ending at 91.3K by the end of March.
For more detailed insights and data, visit Sensor Tower's website.