AI Insights · Timothy · October 2021
Top 5 Consumer Finance Apps in Chile: Q3 2021 Performance
Discover the performance trends of the top 5 consumer finance apps in Chile during Q3 2021, including insights on downloads and active users.
In the third quarter of 2021, the top 5 consumer finance apps in Chile demonstrated varied performance trends across downloads and active user metrics. Below we delve into the specifics of each app's performance, based on data from Sensor Tower.
BancoEstado saw a significant number of weekly downloads, peaking at approximately 52.7K in early August. However, the downloads gradually declined towards the end of the quarter, landing at around 36.3K in the last week of September. Active users for BancoEstado remained robust, starting at 4.2M and peaking at 4.4M at the end of August, before slightly dropping to around 4.3M by the end of the quarter.
Banco Falabella Chile exhibited a relatively stable trend in weekly downloads, with numbers fluctuating between 17K and 28K. The highest download figure was recorded in early August. Active users for Banco Falabella Chile showed a steady increase, starting at 538K and peaking at 579K in early August, maintaining a consistent user base around 555K by the end of September.
Mi Banco Chile experienced a moderate performance in downloads, peaking at around 23.4K in early August. However, the latter part of the quarter saw a decline, with weekly downloads dipping to 12.2K in mid-September before recovering slightly to 17K by the end of the month. Active users for Mi Banco Chile showed a steady growth, starting at 175K and reaching 240K by the end of September.
Tenpo - Una cuenta muy tú had a notable increase in weekly downloads, particularly in mid-September, where it peaked at approximately 37.4K. The app's downloads were otherwise consistent, ranging between 13.5K and 25.3K throughout the quarter. Active users for Tenpo also saw a positive trend, increasing from 69.5K at the start of the quarter to a peak of 100.7K in mid-September, before settling at around 71.3K by the end of the quarter.
MACH: Cuenta Corriente maintained a steady download rate, peaking at around 19.2K in early July. The weekly downloads then gradually decreased, ending at approximately 10.7K in the last week of September. Active users for MACH also showed a slight decline, starting at 199K and ending the quarter at around 172K.
For more detailed insights and data, visit Sensor Tower.
