AI Insights · Timothy · July 2021
Top 5 Finance Apps on Android in El Salvador Q2 2021
In Q2 2021, the top finance apps on Android in El Salvador showed varying trends in downloads and active users. STRIKE: BITCOIN and Bancoagrícola led in weekly active users.
The second quarter of 2021 saw significant activity among the top finance apps on the Android platform in El Salvador. Here's a closer look at the performance of the top five apps, based on data from Sensor Tower.
STRIKE: BITCOIN from Zap Solutions Holdings, Inc. experienced a notable surge in weekly downloads, peaking at around 39K in the first week of May. However, downloads dropped sharply to about 74 in the last week of May before picking up again in June, reaching over 30K in the week of June 7. Weekly active users followed a similar trend, increasing from 35 at the end of March to nearly 50K by early May, before declining and stabilizing around 20K by the end of June.
Bancoagrícola maintained a steady performance in terms of downloads and active users. Weekly downloads ranged between 4.3K and 5.7K throughout the quarter. Active users saw a slight fluctuation, starting at approximately 113K at the end of March and reaching a peak of about 122K in late May, before ending the quarter at around 117K.
Bitcoin Wallet - BTC Exchange from Freewallet - Crypto Service exhibited sporadic download activity with a significant spike in early June, where downloads soared to over 21K. Weekly active users also saw a dramatic increase, especially in June, reaching over 17K by the week of June 21.
Binance: Buy Bitcoin & Crypto from Binance Inc. showed a remarkable increase in downloads in early June, hitting over 31K in the week of June 7. Active users mirrored this growth, rising from around 980 at the end of March to nearly 23K by mid-June, before stabilizing around 15K by the end of the quarter.
Banca Móvil BAC from BAC Credomatic Network remained consistent in its performance. Weekly downloads fluctuated between 2.3K and 4.1K, while active users steadily increased from about 150K at the end of March to over 173K by the end of June.
Overall, these trends highlight the dynamic nature of the finance app market in El Salvador during Q2 2021. For more detailed insights, visit Sensor Tower.
