AI Insights · Timothy · April 2022
Top 5 Finance Apps in El Salvador Q1 2022
The top 5 finance apps in El Salvador showed varied performance in Q1 2022, with significant trends in weekly downloads and active users.
In the first quarter of 2022, the top five finance applications in El Salvador, measured across both iOS and Android platforms, demonstrated diverse performance trends. Here’s a closer look at the key metrics for each app.
Chivo Wallet saw a decline in weekly downloads, starting from 36.5K in late December and dropping to 19.3K by the end of March. However, its weekly active users showed a general upward trend, peaking at around 432.7K in early March before slightly decreasing to 412.3K by the end of the month.
Tigo Money El Salvador experienced fluctuating weekly downloads with a notable spike to 20.8K in early February. The app's weekly active users also varied, reaching a high of 65.3K in early February and finishing the quarter with 62.7K active users.
Bancoagrícola had a steady increase in weekly downloads, culminating at 10.2K in mid-March. Weekly active users for the app rose consistently throughout the quarter, starting at 126.4K and reaching 149.5K by late March.
Banca Móvil BAC showed a consistent upward trend in both weekly downloads and active users. Downloads increased from 3.1K in late December to 5.1K by the end of March. Active users also rose steadily, starting at 199.1K and reaching 222.7K.
Código BAC experienced a stable increase in weekly downloads, peaking at 3.8K at the end of March. The app’s weekly active users also saw a consistent rise, starting at 45.3K in late December and reaching 50.7K by the end of March.
These insights, provided by Sensor Tower, highlight the dynamic landscape of finance apps in El Salvador during Q1 2022. For more detailed analytics and trends, visit Sensor Tower.