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AI Insights · Timothy · October 2024

Top 5 Finance Apps on iOS in Africa: Q3 2024 Performance

Explore the performance trends of the leading finance apps in Africa for Q3 2024, with insights on downloads, revenue, and active users.

Top 5 Finance Apps on iOS in Africa: Q3 2024 Performance

In the third quarter of 2024, the finance app landscape on iOS in Africa showcased notable trends. Here's a closer look at the performance of the top five apps, based on data from Sensor Tower.

OPay-We are beyond Banking saw a varied trend in weekly downloads, starting at approximately 57.8K and peaking at 93.7K by the end of September. Active users fluctuated, beginning with 667K and rising to about 747K towards the quarter's close.

Bybit: Buy & Trade Crypto demonstrated dynamic weekly download figures, reaching a high of 120.6K in mid-September. Active users increased from 62.4K to a notable 186.3K during the same period.

Tonkeeper — TON Wallet maintained a steady revenue increase, culminating at $276 in mid-September. Downloads were robust, peaking at 72.9K in early July, while active users rose from 181.8K to over 231K.

Bitget Wallet: Crypto, Bitcoin experienced a surge in downloads, particularly in late August with 102.3K. Active users mirrored this trend, starting at 8.2K and reaching 169.7K in early September.

Finally, InstaPay Egypt showed a consistent download pattern, with numbers ranging from 24.5K to 46.5K. Active users were stable, increasing slightly from 539.9K to 561.2K by the end of the quarter.

These insights provide a snapshot of the finance app sector's performance in Africa, underscoring the dynamic nature of digital finance on the continent. For more detailed analysis and data, 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