AI Insights · Timothy · October 2021
Top 5 Consumer Finance Apps on Android in South Africa for Q3 2021
Explore the performance of the top 5 consumer finance apps on Android in South Africa during Q3 2021, including trends in downloads, revenue, and active users.
During Q3 2021, the top 5 consumer finance apps on Android in South Africa showed diverse trends in downloads, revenue, and active users. Here’s a closer look at their performance based on data from Sensor Tower.
Wallet: Budget Expense Tracker experienced a notable increase in weekly revenue, peaking at around $128 in the week of September 20. Weekly downloads saw a steady rise, reaching 279 in the same week. The app's active users also climbed, starting from 655 at the end of June and reaching 775 by late September.
Budget planner—Expense tracker saw fluctuations in its weekly revenue, with a high of approximately $85 in the final week of September. Downloads initially dipped but later surged to 821 in the week of September 20. Active users remained relatively stable, hovering around 1.5K throughout the quarter.
Splitwise showed a consistent increase in weekly revenue, peaking at $58 in the week of August 23. Downloads increased significantly, reaching 362 by the end of September. Active users also rose steadily, starting at 711 in late June and topping out at 931 by the end of the quarter.
1Money: expense tracker budget had a relatively stable performance in terms of revenue, with a peak of $52 in the week of August 23. Downloads were modest but consistent, peaking at 90 in late June. Active users remained stable around the 200 mark throughout Q3.
Smart Receipts: Expenses Scan saw a gradual increase in weekly revenue, reaching a high of $45 in mid-September. Downloads showed a similar upward trend, peaking at 63 in the final week of September. Active users data was only available for the latter part of Q3, showing a stable count around 34.
These trends highlight the dynamic nature of consumer finance apps in South Africa. For more detailed insights, visit Sensor Tower.