We’ve acquired Video Game Insights (VGI)!
AI Insights · Timothy · July 2024
Top 5 Finance Apps on Android in Nigeria Q2 2024
The top finance apps in Nigeria for Q2 2024 showed varied performance in downloads and active users, with [OPay - Cash rain , Airtime , Transfer , Savings](https://app.sensortower.com/overview/team.opay.pay?country=US) leading in downloads.
During the second quarter of 2024, the top finance applications on the Android platform in Nigeria showcased diverse performance metrics. Below is a detailed breakdown of the weekly downloads and active user trends for the leading apps.
OPay - Cash rain , Airtime , Transfer , SavingsOPay - Cash rain , Airtime , Transfer , Savings witnessed significant fluctuations in weekly downloads. Starting strong with around 488K downloads in the first week of April, the app experienced a dip mid-quarter, bottoming out at around 141K in the week of May 20. However, it recovered to approximately 270K downloads by the end of June. Active users for OPay - Cash rain , Airtime , Transfer , Savings peaked at 3M in late April but saw a decline, ending the quarter at 2.7M users.
Tonkeeper — TON WalletTonkeeper — TON Wallet had a remarkable rise in weekly downloads, starting at 41K in early April and reaching a peak of 533K by mid-June. The app's active users showed a corresponding upward trend, increasing from about 99K in early April to over 1M by the end of June.
PalmPay - Transfers, BillsPalmPay - Transfers, Bills maintained consistent weekly downloads, with notable spikes in mid-April and early June, reaching around 415K and 261K, respectively. The active user base also reflected a steady climb, peaking at over 2M in mid-June before slightly declining to approximately 1.7M by the quarter's end.
PhantomPhantom saw a significant boost in downloads in mid-May, hitting over 496K, though it later stabilized to around 27K by late June. The app’s active users surged to a high of 787K in mid-May but saw a subsequent decline, ending the quarter with approximately 503K active users.
Moniepoint Personal BankingMoniepoint Personal Banking showed a steady increase in weekly downloads, peaking at around 134K in mid-June. Active user trends were similarly positive, with user numbers growing from 555K in early April to about 629K by the end of June.
These insights highlight the dynamic nature of the finance app market in Nigeria. For more detailed analytics and insights, visit Sensor Tower.
