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AI Insights · Timothy · January 2023

Top 5 Consumer Finance Apps on Android in South Africa Q4 2022

In Q4 2022, the top consumer finance apps on Android in South Africa saw varied performance in weekly downloads, revenue, and active users. Here’s a detailed look at their trends.

Top 5 Consumer Finance Apps on Android in South Africa Q4 2022

In the fourth quarter of 2022, the top five consumer finance applications on the Android platform in South Africa displayed diverse performance metrics in terms of weekly downloads, revenue, and active users. Here’s an in-depth look at their trends, with data sourced from Sensor Tower.

Wallet: Budget Expense Tracker by BudgetBakers showed a consistent weekly revenue, peaking at around $111 in late October and early November. Weekly downloads for the app varied, with a notable increase to 381 in the week of October 24 and a decline towards the end of the quarter, settling at 246 in the last week of December. Active users fluctuated slightly, starting at 1.1K in late September and ending at approximately 1.1K by the end of December.

YNAB saw an increase in revenue towards the end of the quarter, reaching around $80 in the final week of December. Its downloads were relatively low, peaking at 42 in late September, and active users dropped steadily from 136 to 114 over the quarter.

Budget planner—Expense tracker from Battery Stats Saver experienced a rise in weekly revenue, ending the quarter at $72. Downloads showed a similar upward trend, reaching 440 in the last week of December. Active users also saw a rise towards the end of the year, starting at 917 and ending at 872.

Splitwise maintained steady weekly revenue, with slight increases and decreases throughout the quarter, peaking at $44 in early November. Downloads for Splitwise increased significantly towards the end of the quarter, reaching 413 in the final week of December. Active users exhibited a positive trend, increasing from 1K in late September to 1.2K by the end of December.

Goodbudget: Budget & Finance saw fluctuating revenue, with a peak of $79 in mid-October. Downloads varied, peaking at 95 in late October, while active users showed a slight decline, starting at 151 and ending at 172 by the end of December.

These insights demonstrate the varied performance of the top consumer finance apps in South Africa during Q4 2022. For more detailed insights, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: January 2023