AI Insights · Timothy · October 2022
Top 5 Personal Finance Budgeting and Planning Apps in South America Q3 2022
An overview of the performance of the top 5 personal finance budgeting and planning apps on a unified platform in South America during Q3 2022, including trends in downloads, revenue, and active users.
In the third quarter of 2022, the top 5 personal finance budgeting and planning applications in South America demonstrated notable trends in downloads, revenue, and active users. Here’s a closer look at the performance of these apps based on data from Sensor Tower.
nextJoy from Banco Bradesco S. A. showed a consistent performance in terms of weekly downloads, starting with approximately 17.7K in late June and peaking at 22.6K by the end of August. The app maintained a steady increase in weekly active users, growing from about 96.7K to 113.6K over the quarter.
Mobills - Budget Planner, developed by Toro Investimentos Ltda., experienced a fluctuating trend in both downloads and revenue. Downloads ranged from around 13.7K in mid-July to a high of 22.7K in mid-September. The app’s weekly revenue saw a significant spike, reaching approximately $26.8K in early August. Active users also showed variability, with a peak of around 179K at the beginning of August.
Money manager, expense tracker by Orange Dog had a relatively steady performance in weekly downloads, starting at 13.1K in late June and peaking at 17.1K by the end of August. The app's revenue remained modest, with peaks around $369 in early September. Weekly active users grew from about 109.8K to 121.4K over the quarter.
Mozper: mesada, cartão e PIX from Mozper saw a significant increase in weekly downloads, starting at 7.9K in late June and reaching 22.4K by the end of August. Active users also rose sharply, from approximately 27.9K to 45.8K over the same period, indicating growing popularity among users.
Splitwise by Splitwise, Inc. maintained a steady performance in both downloads and revenue. Downloads fluctuated between 9.5K and 14.9K, while revenue consistently hovered around the $600-$800 range. Active users showed a steady trend, increasing from around 56.7K to 61.7K by the end of September.
These insights, sourced from Sensor Tower, highlight the dynamic nature of the personal finance app market in South America. For more detailed analytics and insights, visit Sensor Tower.
