AI Insights · Timothy · January 2022
Top 5 Finance Apps in El Salvador Q4 2021
In Q4 2021, the top finance apps in El Salvador showed diverse trends in downloads and active users, with [Chivo Wallet](https://app.sensortower.com/overview/6138442090609510ac6f18c5?country=US) leading in user engagement.
In the fourth quarter of 2021, the top finance applications in El Salvador displayed noteworthy performance metrics on a unified platform. Here’s a closer look at their trends in downloads, revenue, and active users.
Chivo Wallet experienced a decline in weekly downloads from 164K at the end of September to around 36K by the end of December. However, the app saw a consistent increase in weekly active users, growing from 144K in late September to approximately 410K by the end of the year.
Tigo Money El Salvador exhibited fluctuating weekly download numbers, starting at 8.2K at the end of September and peaking at nearly 30K in mid-December. Active users also showed an upward trend, rising from 23K in late September to around 62K by the end of December.
Bancoagrícola had steady weekly downloads throughout Q4, ranging between 5K and 12K. Despite minor fluctuations, the active user base remained stable, averaging around 130K weekly active users.
Binance: Buy Bitcoin & Crypto showed a significant drop in downloads from 19.7K in mid-October to just over 1K by the end of December. Active users, however, maintained a relatively stable trend, with numbers fluctuating around the 50K mark throughout the quarter.
Banca Móvil BAC maintained consistent weekly download figures, averaging between 3K and 5K. The app also showed a stable active user base, with numbers hovering around 200K throughout the quarter.
These insights are based on data from Sensor Tower. For more detailed analytics and trends, visit Sensor Tower’s platform.