State of AI Apps Report 2025 is Live!

Blog

AI Insights · Timothy · October 2024

Top Finance Apps on Android in Kenya: Q3 2024 Performance Insights

Explore the performance trends of the top finance apps in Kenya for Q3 2024, including download and active user statistics, based on Sensor Tower data.

Top Finance Apps on Android in Kenya: Q3 2024 Performance Insights

In the third quarter of 2024, the top finance applications on the Android platform in Kenya demonstrated varied performance trends, as revealed by Sensor Tower data. Below, we delve into the download and active user metrics of these leading apps.

LendPlus; Quick cash loans online in Kenya from AVENTUS TECHNOLOGY LIMITED saw a notable fluctuation in weekly downloads, starting at 46.4K in early July and peaking at 111.3K by mid-July. However, the numbers tapered off towards the end of September, settling at around 40.7K. The app's weekly active users showed a similar pattern, rising from 473K to a peak of 600K in late July, before gradually declining to 527K by the end of the quarter.

Zenka Loan App - Kenya by Zenka Digital Limited experienced a steady decline in weekly downloads, beginning at 52.8K and dropping to 38.9K by early September, before recovering slightly to 55.1K at the quarter's close. Active users followed a similar trend, decreasing from 163K to 156K, with a slight rebound to 174K by the end of September.

Zuri Cash -Instant Online Loan, published by whitepath company limited, showed a significant increase in weekly downloads, especially noticeable from 97.7K in early September to a high of 134K by the end of the month. The app's active user base mirrored this growth, climbing from 266K in early July to 472K by the end of the quarter.

Zash Loan-Get loan instantly by Zillions Credit Limited saw fluctuating download numbers, peaking at 71.8K in mid-July and then gradually decreasing to 38.4K by September's end. Active users started at 161K, peaked at 199K mid-quarter, and then stabilized around 168K towards the end of September.

Lastly, FairKash+ : Quick Online Loans from AZURA CREDIT LIMITED displayed a varied download trend, with a notable rise from 34.8K in early July to a peak of 57.9K in mid-September, before dropping sharply to 7.6K by the end of the quarter. The app's active users ranged from 504K to a high of 570K mid-September, before decreasing to 473K by the quarter's close.

These insights provide a snapshot of the dynamic finance app landscape in Kenya, as observed in Q3 2024. For more detailed analysis and insights, 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: October 2024