AI Insights · Timothy · July 2022
Top 5 Consumer Finance Apps on Android in Portugal, Q2 2022
A look into the performance of the top 5 consumer finance apps on Android in Portugal during Q2 2022, including trends in downloads, revenue, and active users.
In the second quarter of 2022, the top 5 consumer finance applications on the Android platform in Portugal displayed varied performance metrics in terms of weekly downloads, revenue, and active users. Here, we delve into the trends for each app.
Wallet: Budget Expense Tracker from BudgetBakers saw weekly revenue fluctuate, starting at around $182 and dipping to $70 mid-quarter, before rising again to approximately $173 by the end of June. Weekly downloads showed a similar trend, peaking at 327 and then stabilizing around 252. Active users decreased from 3.2K at the beginning of the quarter to 2.8K in mid-June but rebounded to 3K by the end.
Toshl Finance - budget manager by Toshl Inc. experienced consistent but modest weekly revenue, ranging from $55 at the start to a low of $23 in mid-June, closing the quarter at $24. Downloads varied slightly, peaking at 98 in late April and ending around 48. Active users remained relatively stable, hovering around the 180-230 range throughout the quarter.
Mobills: Budget Planner from Toro Investimentos displayed steady weekly revenue, starting at $45 and seeing minor fluctuations, ending the quarter at $47. Downloads were consistent, with a slight peak at 78 in late March and ending with 57. Active users showed a slight decline from 279 to 225 over the quarter.
Fast Budget - Expense Manager by AppFer SRL had a varied revenue trend, starting at $33, peaking at $60 in mid-May, and ending at $31. Downloads saw a significant increase in late May, reaching 158, and stabilizing around 99 by the end of June. Active users showed a downward trend, starting at 1.2K and closing the quarter at 1K.
Finally, YNAB from ynab.com experienced modest revenue growth, starting at $8 and peaking at $76 in late May. Downloads were relatively low, with a peak of 88 in late April and ending at 47. Active users showed a rise from 317 in late March to a high of 394 in late April, ending the quarter at 354.
These insights into app performance are derived from Sensor Tower data, providing a glimpse into the consumer finance app landscape on Android in Portugal for Q2 2022. For more detailed insights, visit Sensor Tower.