Top 5 Consumer Finance Apps on Android in Kenya - Q2 2024

Throughout the second quarter of 2024, the top 5 consumer finance apps on the Android platform in Kenya showed varying trends in weekly downloads and active users. Below is an overview based on data from Sensor Tower.

Equity Mobile experienced a fluctuating number of weekly downloads, starting with approximately 47.7K in early April and seeing a significant drop to 14.5K by late May. However, the app saw a resurgence in June, reaching around 20K downloads in the last week. Weekly active users also displayed some variability, starting at 950.7K in April, dipping to 840.9K by late April, and then peaking at about 989.3K in mid-June.

Ocean plus - save money saw a downward trend in downloads, beginning at 16.3K in early April and declining to around 7K by late May. The app saw a modest recovery in June, reaching 9K downloads in the final week. Active user data from early April showed approximately 33.9K users, with a slight decline to around 31.8K by late April.

KCB maintained relatively stable weekly downloads throughout the quarter, starting at 8.9K in early April and increasing to 13.9K by the end of June. Active user data showed a peak of 282.6K in late April, with some fluctuations, ending at around 272K by the quarter's end.

Timiza had consistent weekly downloads, beginning at 5.8K in early April and rising to 6.4K by mid-June. Active users fluctuated slightly, starting at 251.5K in early April and ending at about 234.8K by the quarter's close.

Know know cash also showed a downward trend in downloads, starting at 6.3K in early April and decreasing to approximately 4.4K by the end of June.

These insights highlight the dynamic nature of the consumer finance app market in Kenya. For more detailed insights and data, visit Sensor Tower.