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AI Insights · Timothy · January 2023

Top 5 Finance Apps on Android in Ecuador - Q4 2022

Discover the performance trends of the top 5 finance apps on Android in Ecuador during Q4 2022, including insights on downloads, active users, and more.

Top 5 Finance Apps on Android in Ecuador - Q4 2022

In the fourth quarter of 2022, the top finance apps on the Android platform in Ecuador showcased varying performance trends in terms of downloads and active users. Here’s a closer look at how these apps fared:

PICHINCHA BANCA MÓVIL experienced a steady increase in weekly downloads, starting from approximately 29.4K at the end of September and peaking at around 37.9K in late October. The app's active users also showed a consistent upward trend, growing from 1M to 1.17M by mid-December.

Deuna: Versión Anterior saw fluctuating download numbers, with a significant rise in December peaking at about 44.6K. Active users for this app followed a similar pattern, increasing from around 38.5K at the start of the quarter to a high of 57.7K in early December, before seeing a slight decline towards the end of the month.

Banco Guayaquil maintained a relatively stable download rate throughout the quarter, ranging between 12.3K and 18.5K. The app’s active user base also remained steady, fluctuating around 210K to 236K over the same period.

Produbanco Grupo Promerica showed a notable drop in downloads towards the end of October, dropping from a peak of approximately 26K to around 8.5K in late November. However, active users remained fairly consistent, averaging around 170K to 196K throughout the quarter.

peiGo, being a relatively new entrant, saw a significant surge in downloads, peaking at nearly 59.5K in early December. The app’s active users mirrored this trend, rising steeply from around 2.7K at the start of the quarter to a peak of 67.3K in early December, before dropping to 13.3K towards the end of the month.

These insights are derived from data provided by Sensor Tower, which offers more detailed analytics and trends for app performance.


Sensor Tower's platform is an enterprise-level offering. Interested in learning more?


Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: January 2023