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AI Insights · Timothy · July 2024

Top 5 Consumer Finance Apps on iOS in South Africa: Q2 2024

Discover the performance trends of the top 5 consumer finance apps on iOS in South Africa during Q2 2024, based on data from Sensor Tower.

Top 5 Consumer Finance Apps on iOS in South Africa: Q2 2024

In the second quarter of 2024, the top consumer finance apps on the iOS platform in South Africa showed varied performance trends. Here’s a detailed look at the weekly downloads and active users for the top 5 apps: Capitec Bank, FNB Banking App, TymeBank, Nedbank Money, and Standard Bank / Stanbic Bank.

Capitec Bank

Capitec Bank saw a significant rise in weekly downloads, peaking at 20K in the final week of June. This app also maintained a strong presence with weekly active users, starting at 330K and reaching 352K by the end of the quarter.

FNB Banking App

The FNB Banking App experienced a gradual increase in weekly downloads, culminating at 6.7K in the last week of June. Active users fluctuated slightly but remained robust, ending the quarter at approximately 276K.

TymeBank

TymeBank showed a steady increase in weekly downloads, with numbers reaching 6.8K in the final week of June. The app's active user base grew consistently, starting at around 102K and ending at 114K.

Nedbank Money

Nedbank Money displayed a moderate but steady growth in weekly downloads, peaking at 5K in the last week of June. Active users increased from 60K at the beginning of April to 63K by the end of June.

Standard Bank / Stanbic Bank

Standard Bank / Stanbic Bank saw its weekly downloads rise steadily, reaching 4.7K in the final week of June. The app's active users also grew, starting at 73K and peaking at 76K by the end of the quarter.

These insights are based on data from Sensor Tower. For more detailed analytics and insights, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2024