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AI Insights · Timothy · October 2021

Top 5 Finance Apps on Android in Madagascar for Q3 2021

Explore the performance of the top 5 finance apps on Android in Madagascar during Q3 2021, highlighting trends in downloads, active users, and revenue.

Top 5 Finance Apps on Android in Madagascar for Q3 2021

In Q3 2021, the top 5 finance apps on the Android platform in Madagascar showcased varying trends in downloads and active users. Here is a detailed look at their performance based on data from Sensor Tower.

PhonePe UPI, Payment, Recharge saw a significant increase in weekly downloads, starting at around 3.8K in late June and peaking at approximately 8.7K in mid-September. Weekly active users also showed a consistent rise, beginning at 43.5K and reaching nearly 104K by the end of September.

Paytm: Secure UPI Payments experienced a steady growth in weekly downloads, with numbers rising from 2.3K in late June to about 4.6K by mid-September. Active users followed a similar upward trend, starting at 8.2K and growing to 18.4K by the end of the quarter.

Nubank: conta, cartão e mais also showed positive growth in weekly downloads, which increased from around 1.1K at the start of the quarter to about 2.4K by the end of September. Active users saw a notable increase from 6.8K to approximately 16.8K during the same period.

neobank dari BNC Digital exhibited a fluctuating pattern in weekly downloads, starting at 1.7K in late June and peaking at around 3.1K by the end of September. Active users grew steadily from 2.4K to about 6.9K over the quarter.

DANA Indonesia Digital Wallet showed a mixed trend in weekly downloads, with numbers starting at 1.5K and experiencing ups and downs, ultimately reaching around 1.2K by the end of September. Active users, however, consistently increased from 6.3K to approximately 9.3K over the quarter.

These insights, sourced from Sensor Tower, reveal the dynamic landscape of finance apps in Madagascar. For more detailed analytics and trends, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2021