AI Insights · Timothy · October 2022
Top 5 Personal Finance Budgeting and Planning Apps on Android in South Africa Q3 2022
In Q3 2022, the top personal finance apps in South Africa showed varied performance in weekly downloads, revenue, and active users. Sensor Tower data reveals key trends for these apps.
In the third quarter of 2022, the top personal finance budgeting and planning apps on the Android platform in South Africa exhibited diverse performance patterns. Below is an overview of their weekly downloads, revenue, and active user trends based on Sensor Tower data.
My360 powered by Standard Bank saw a significant rise in weekly downloads, starting modestly with 176 downloads in the last week of June and peaking at 2.8K in the week of August 22. The app maintained a consistent download rate above 1.6K for the rest of the quarter.
22seven: Budget, Track & Save experienced fluctuations in weekly downloads, beginning at 471 in late June and reaching a high of 801 in late July. The active user base peaked at 3.9K in mid-July but saw a decline, stabilizing around 2.9K by the end of September.
Budget planner—Expense tracker showed a steady weekly revenue stream, with its highest earnings of $70 in mid-July and $64 in late August. Downloads fluctuated, peaking at 548 in late August, while active users saw a slight increase, reaching 1.1K in late August.
Wallet: Budget Expense Tracker consistently generated weekly revenue, with a notable peak of $106 in the final week of September. Downloads saw a high of 433 in late July, and active users grew from 946 in late June to 1.2K by late August.
Receipt Scanner: Easy Expense experienced an extraordinary increase in downloads, with a surge to 1.7K in mid-August. Revenue peaked at $145 in the same period. Active users also saw a significant rise, with a high of 864 in mid-August, before stabilizing around 278 by the end of September.
For more detailed insights and trends on these apps, visit Sensor Tower.