Top 5 Consumer Finance Apps on Android in Africa Q4 2022

In the fourth quarter of 2022, the top five consumer finance applications on the Android platform in Africa displayed a range of performance trends. According to data from Sensor Tower, here is an overview of their weekly downloads and active users.

Capitec Bank from Capitec Bank saw a strong start with weekly downloads peaking at around 149K in the week of October 24. However, downloads gradually declined towards the end of the quarter, reaching approximately 26K by the last week of December. Despite this, the app maintained a robust user base with weekly active users ranging between 2.6M to 2.9M throughout the quarter.

BaridiMob by ALGERIE POSTE experienced steady download numbers, with a high of around 90K in the week of October 24. The app's active users showed fluctuations, starting at about 419K and ending at roughly 373K by the end of December.

NBE Mobile from the National Bank of Egypt had a consistent performance in weekly downloads, peaking at about 62K in the week of October 24. The app’s active user base grew steadily, starting from 407K and reaching approximately 559K by the end of December.

Equity Mobile by Equity Group also showed a consistent download trend with weekly downloads hitting a high of around 57K in late September. The app’s active users increased significantly from about 522K to 647K by the end of the quarter.

Finally, TymeBank by Tyme Bank Ltd. saw weekly downloads peaking at approximately 40K in late October, but then declining to about 19K by the last week of December. The app's active users remained relatively stable, fluctuating between 553K and 610K throughout the quarter.

These insights are derived from Sensor Tower data. For more detailed analytics and trends, visit Sensor Tower.