AI Insights · Timothy · April 2022
Top 5 Consumer Finance Apps on Android in Ecuador - Q1 2022
In Q1 2022, top consumer finance apps in Ecuador showed varied trends in downloads and active users, with some apps experiencing significant growth.
Throughout the first quarter of 2022, the top five consumer finance apps on the Android platform in Ecuador demonstrated diverse trends in downloads and active users. Here is a closer look at their performance, based on data from Sensor Tower.
PICHINCHA BANCA MÓVIL saw a consistent increase in weekly downloads, starting from 21.2K at the end of December and peaking at 32.6K in early March. The app’s weekly active users also grew steadily from 805.8K to 892.9K by the end of March.
Banco Guayaquil experienced a fluctuating but overall upward trend in weekly downloads, beginning the quarter with 9.7K and reaching 13.7K in mid-March. The active user base showed a similar pattern, starting from 158.7K and ending the quarter at 181.4K.
Produbanco Grupo Promerica also had an interesting quarter. Weekly downloads varied, starting at 10.1K, peaking at 16.1K in late February, and then settling at 9K by the end of March. The app's active users increased from 99.8K to 117.5K throughout the quarter.
be Produbanco showed a moderate performance in weekly downloads, starting at 9.5K and experiencing a dip to 5.4K in early March before recovering to 9.6K by the end of the month. The active users for this app increased from 23.1K to 30.3K over the same period.
Lastly, Banco del Pacífico had a stable download rate, beginning at 5.2K and ending at 5.8K. The active user count showed minor fluctuations, starting at 71.8K and ending at 71.3K.
These trends demonstrate the dynamic nature of the consumer finance app market in Ecuador. For more detailed insights and data, visit Sensor Tower.
