AI Insights · Timothy · September 2022
Top 5 Finance Apps in South America Q3 2022 Performance
Discover the performance trends of the top 5 finance apps in South America for Q3 2022, based on data from Sensor Tower.
In Q3 2022, the top 5 finance apps in South America demonstrated varied trends in weekly downloads and active users. Below, we delve into the performance of each app, with insights derived from Sensor Tower data.
Nubank: Conta, Cartão e mais saw a slight fluctuation in weekly downloads, starting from approximately 609K and peaking at around 686K in early July. By the end of September, downloads had decreased to about 505K. The app maintained a steady number of active users, beginning the quarter at 38.1M and reaching a high of 41.2M in mid-September before settling at 38.5M.
CAIXA Tem experienced a varied download trend, beginning with about 527K and peaking at around 607K in mid-July. Downloads dropped to approximately 354K by the end of September. Active users showed a minor decline from 8.1M in late June to about 7.6M by the end of the quarter.
Mercado Pago: cuenta digital maintained relatively stable download numbers, starting at 475K and ending the quarter with roughly 432K. The app's active users showed a slight increase from 20.4M in late June to 21.4M in early September, before settling at 20.9M by the end of the quarter.
FGTS saw fluctuations in its weekly downloads, beginning with about 319K and peaking at around 527K in late August. Downloads declined to approximately 258K by the end of September. Active users also showed variation, starting at 4.4M, peaking at 5.3M in late July, and ending the quarter at around 4M.
PicPay: Conta, Cartão e Pix experienced a steady download trend, beginning at about 395K and ending the quarter with roughly 309K. The app's active users showed minor fluctuations, starting at 15.1M, peaking at 15.5M in early July, and settling at around 14.5M by the end of September.
For further insights and detailed analytics, visit Sensor Tower.
