Q1 2021 Performance of Top Business Finance Apps in Latin America on iOS

In the first quarter of 2021, Latin America's business sector witnessed significant engagement with mobile applications designed to streamline operations and financial transactions. Sensor Tower's latest data sheds light on the performance of the top Business Finance & Business Solutions iOS applications in the region.

SumUp - Credit Card Reader maintained a steady download trend, starting at 4.9K in the last week of December 2020 and peaking at 7.3K in the second week of February 2021. The app's weekly active users grew from 85K to a high of 100K in mid-January, before experiencing a slight dip to 88K by the end of March.

PayPal Business saw its downloads fluctuate, with an initial 2.9K downloads in the final week of December, surging to 4.6K towards the end of February and closing the quarter at a similar peak. Weekly active users showed a consistent upward trend, from 12.8K at the start of the quarter to over 18K in the last week of March.

Shopify - Your Ecommerce Store downloads varied, with an early January spike at 3.5K, followed by a steady state around 2.6K to 3K for the rest of the quarter. The app's weekly active users experienced growth, starting at 17K and rising to 21.5K by the quarter's end.

For SumUp Bank, downloads began at 2.2K in late December and saw a peak of 2.6K in mid-March before falling to 1.7K. Unfortunately, no data on weekly active users was available for this app.

Lastly, Payoneer observed an increase in downloads from 905 in the last week of December to a peak of 1.9K in early March, followed by a decline to 1.2K by the quarter's close. Its weekly active users showed a similar trend, starting at 4.5K and reaching a high of 6K in early March before decreasing slightly to 5.1K.

For more insights on the app economy and detailed app performance metrics, Sensor Tower's platform offers in-depth analysis and data-driven perspectives.