We’ve acquired Video Game Insights (VGI)!

Blog

AI Insights · Timothy · April 2024

Top 5 Finance Apps on Android in Kenya - Q1 2024

Discover the performance trends of the top 5 finance applications on the Android platform in Kenya during the first quarter of 2024.

Top 5 Finance Apps on Android in Kenya - Q1 2024

In the first quarter of 2024, the top 5 finance apps on the Android platform in Kenya demonstrated varied performance trends. Here is a detailed analysis based on data from Sensor Tower.

LendPlus; Quick cash loans online in Kenya from AVENTUS TECHNOLOGY LIMITED showed significant activity. The app's weekly downloads peaked at 143K in mid-March, with a notable surge from 37K in the week of February 19 to 94K in the week of March 11. Weekly active users also increased, reaching 510K in the week of March 18, up from 323K at the beginning of January.

LOOP - Discover, Pay, Grow by NCBA Bank experienced fluctuations in its weekly downloads, peaking at 174K in mid-March. The app saw a rise in weekly active users, reaching 285K by the end of March, compared to 67K at the start of the year.

M-PESA from Safaricom Limited continued to maintain its strong presence. Weekly downloads increased steadily, peaking at 77K in the last week of March. Despite minor fluctuations, weekly active users remained robust, with a slight decrease from 4.1M in early January to 3.9M by the end of March.

Zenka Loan App - Kenya by Zenka Digital Limited saw a consistent rise in weekly downloads, reaching 107K in the last week of March. Weekly active users increased from 129K at the beginning of January to 224K by the end of March.

Zash Loan-Get loan instantly by Zillions Credit Limited recorded a steady increase in weekly downloads, peaking at 71K in the last week of March. Weekly active users also grew, reaching 195K by the end of the quarter, compared to 140K at the start of the year.

This performance data highlights the dynamic nature of the finance app market in Kenya. For more insights and detailed analytics, visit Sensor Tower.


Sensor Tower's platform is an enterprise-level offering. Interested in learning more?


Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2024