Top 5 Finance Apps in Nigeria on iOS in Q3 2024

The third quarter of 2024 has been an eventful period for finance apps on the iOS platform in Nigeria. Here, we explore the performance trends of the top five applications, providing insights based on data from Sensor Tower.

OPay-We are beyond Banking maintained a strong presence with weekly downloads mostly ranging between 37K and 94K. The app saw a notable peak at 93.7K downloads in the last week of September. Weekly active users hovered around 600K, surging to approximately 747K by the end of the quarter.

In contrast, Bybit: Buy & Trade Crypto experienced fluctuations in downloads, beginning with 14K and reaching a high of 111K by mid-September. Active users for Bybit increased significantly, showing a rise from 52K to around 166K during the same period.

For Tonkeeper — TON Wallet, weekly downloads initially dipped but later stabilized around the 50K mark in late August. Active users saw a steady climb from 163K in early July to over 204K in late September. Revenue also showed an upward trend, peaking at $120 in mid-September.

Bitget Wallet: Crypto, Bitcoin had a unique trajectory with a sharp increase in downloads in late August, reaching 93.7K. Active users mirrored this trend, peaking at 156K in early September before settling at around 69K by the end of the quarter.

Finally, PalmPay - Transfers, Bills demonstrated stability in both downloads and active users. Downloads remained consistent, averaging around 19K weekly, with a slight increase to 20.9K in the last week of the quarter. Active users showed minor fluctuations but remained around 290K throughout the quarter.

These insights highlight the dynamic landscape of finance apps in Nigeria. For more detailed data and trends, Sensor Tower offers comprehensive analytics to explore further.