Top 5 Consumer Finance Apps in Nigeria Q2 2024

The second quarter of 2024 saw significant activity in Nigeria's consumer finance app market. Here’s a detailed look at the performance of the top 5 apps on a unified platform, with data sourced from Sensor Tower.

Moniepoint Personal Banking showed impressive weekly downloads, peaking at approximately 147K in mid-June. The app had a stable number of weekly active users, starting the quarter at around 611K and growing to nearly 695K by the end of June.

Moniepoint Business Banking experienced consistent download rates, with a high of about 100K in the week of April 15. Weekly active users increased from 519K at the beginning of April to roughly 587K by the end of June.

UBA Mobile Banking maintained steady download numbers, reaching up to 67K in early April. Weekly active users showed a healthy trend, starting at 630K and ending the quarter at around 645K.

Access More had consistent download figures, with a peak of nearly 63K in late April. The app saw a steady increase in weekly active users, beginning the quarter at approximately 1.08M and rising to around 1.25M by the end of June.

Kuda - Transfers and payments recorded weekly downloads peaking at about 52K in late April. The number of weekly active users remained relatively stable, starting at 793K and closing the quarter at around 796K.

For more detailed insights and data, visit Sensor Tower.