AI Insights · Timothy · October 2021
Top 5 Business Finance & Business Solutions Apps in Nigeria Q3 2021
Discover the performance trends of the top business finance and business solutions apps in Nigeria during Q3 2021, including downloads, revenue, and active users.
The third quarter of 2021 saw notable trends in the performance of the top business finance and business solutions applications in Nigeria. Data from Sensor Tower provides insights into the weekly downloads, revenue, and active user metrics for these leading apps on a unified platform.
Invoice Maker & Billing App experienced a consistent increase in weekly revenue, peaking at around $279 in mid-September and ending the quarter at approximately $227. Weekly downloads showed variability, reaching a high of 388 in early August and closing the quarter with 363 downloads. Active users saw a gradual increase, moving from 2K at the start of the quarter to 2.3K by the end.
QuickBooks Accounting from Intuit Inc. showed a substantial jump in weekly revenue mid-September, peaking at $228 and finishing the quarter at $193. Download trends were more stable, with an early peak of 1K in late July and a steady count around 186 by the end of September. Active user metrics also showed stability, reaching a high of 2.5K in late July before settling around 1.6K.
Invoice2go: Easy Invoice Maker saw its weekly revenue peak at $188 in mid-September, with fluctuations throughout the quarter. Downloads were generally low but saw occasional spikes, such as 94 downloads in late September. Active users remained low, peaking at 42 in early September.
Accounting App - Zoho Books showed a significant rise in weekly revenue towards the end of the quarter, reaching $132. Downloads remained relatively stable, with a high of 94 in early August and a slight decrease to 82 by the end of September. Active users increased steadily, ending the quarter at 277.
Invoice Maker, Estimate Billdu had a notable revenue spike in early September, peaking at $138 and ending the quarter around $70. Weekly downloads were lower, peaking at 62 in mid-August and dropping to 7 by the end of the quarter. Active users showed a gradual decline from 58 in mid-August to 31 in late September.
These insights reflect the dynamic nature of the business finance and business solutions app market in Nigeria. For more detailed performance data and further insights, visit Sensor Tower.