Top 5 Business Finance & Business Solutions Apps in South Africa Q4 2022

During the fourth quarter of 2022, the top 5 Business Finance & Business Solutions applications in South Africa showcased varied performance metrics on a unified platform. Here’s a detailed look at their weekly downloads, revenue, and active user trends based on data from Sensor Tower.

Invoice Maker & Billing App from Invoice Home Inc. saw a consistent revenue stream, peaking at around $3.2K in late September. Despite a dip in early October, revenue recovered to approximately $2.8K by late November. Weekly downloads fluctuated, with a high of about 3K in early November and a decline to around 1.6K by the end of December. Active users remained relatively stable, hovering between 16.5K and 18.2K throughout the quarter.

PayPal Business by PayPal, Inc. did not generate revenue during this period. Downloads were highest in mid-October, reaching around 2.7K, but gradually decreased to approximately 1.4K by the end of December. Active users peaked at about 11.5K in mid-October and maintained a range between 9.6K and 10.8K for the remainder of the quarter.

Zoho Invoice Maker App from Zoho Corporation experienced modest revenue, peaking at $303 in mid-November. Downloads saw a significant drop from around 1.3K in early November to just over 100 by the end of December. Active users showed a steady increase, reaching a high of approximately 4.1K in mid-November before declining to about 2.6K by mid-December.

Mileage Tracker by Driversnote from Driversnote ApS did not report any revenue. The app's downloads peaked at around 1.2K in mid-October but fell to approximately 600 by the end of December. Active users saw a slight increase to about 3.1K in mid-October but settled around 2.6K by the end of the quarter.

Invoice2go: Easy Invoice Maker from Invoice2go.com had its highest revenue at $4.1K in late September, with fluctuations leading to about $2.2K by the end of December. Downloads were relatively low, peaking at 369 in late October and dropping to 98 by the end of December. Active users remained stable, with a peak of 404 in late October but declining to 209 by the end of December.

For more detailed insights and data, visit Sensor Tower.