AI Insights · Timothy · October 2021
Top 5 Finance Apps Performance in Ecuador Q3 2021
A detailed review of the performance of the top 5 finance apps in Ecuador during Q3 2021, including downloads, active users, and revenue trends.
The third quarter of 2021 saw significant activity in the finance app sector in Ecuador, with notable performances from the top five applications on a unified platform. Here’s a closer look at the trends for these apps based on data from Sensor Tower.
PICHINCHA BANCA MÓVIL saw a steady number of downloads throughout the quarter, peaking at approximately 33K in the final week of September. The app's weekly active users increased from around 860K at the beginning of the quarter to nearly 939K by the end of September.
Deuna: Versión Anterior also experienced a steady increase in downloads, with a notable peak of 27K in the last week of September. Active users showed a positive trend, growing from about 19K at the start of the quarter to over 31K by the end.
PayPal - Pay, Send, Save had a varied download trend with a notable spike in the week of August 23, reaching 27.6K downloads. Active users for PayPal saw an upward trend, peaking at around 312K in late August and finishing the quarter at approximately 289K.
Banco Guayaquil maintained a steady download rate throughout the quarter, with a slight increase towards the end, reaching around 12K in the final week of September. The app's active user base grew from approximately 144K at the beginning of the quarter to over 172K by the end.
Treinta - Gestiona tu negocio showed significant growth in downloads, peaking at 25.9K in mid-September. Active users also saw a substantial increase, rising from about 9K at the start of the quarter to over 35K by mid-September, before slightly declining to around 27K at the end of the quarter.
For more insights and detailed analytics, visit Sensor Tower.
