AI Insights · Timothy · January 2023
Top 5 Consumer Finance Apps on Unified Platform in Malta Q4 2022
The top 5 consumer finance apps in Malta showed varied performance in Q4 2022, with some apps experiencing steady downloads and others seeing fluctuations in revenue and user engagement.
During the fourth quarter of 2022, the top 5 consumer finance applications in Malta exhibited diverse performance trends. This analysis, based on data from Sensor Tower, highlights the weekly downloads, revenue, and active user trends of these apps on a unified platform.
BOV Mobile from Bank of Valletta p.l.c. had a consistent presence in the market. Weekly downloads fluctuated slightly, peaking at 791 in the final week of December. The app maintained a steady download rate throughout the quarter, with notable increases in the weeks of October 24 and November 28, reaching 681 and 660 downloads respectively.
HSBC Malta, published by HSBC Global Services (UK) Limited, saw a relatively stable download trend. The highest number of downloads was 340 in the week of October 10, with the lowest at 239 in the week of December 12. The app's downloads remained within a narrow range, showing minor fluctuations week to week.
myAPS by APS Bank plc experienced moderate activity. Weekly downloads peaked at 113 in the week of October 24 and dropped to 67 in the week of December 5. The app saw a gradual increase towards the end of the quarter, finishing with 98 downloads in the last week of December.
The BNF Mobile App from BNF Bank plc had more modest download numbers. It peaked at 95 downloads in the week of October 17, with a low of 57 in the week of November 21. Despite these variations, the app's downloads remained relatively stable, ending the quarter with 64 downloads in the final week.
Splitwise by Splitwise, Inc. showed a varied trend in both revenue and downloads. Revenue peaked at $52 in the week of November 7, while the lowest was $4 in the week of December 5. Download trends were steadier, with the highest at 63 in the week of September 26 and the lowest at 36 in the week of October 17. The app ended the quarter with 53 downloads in the final week of December.
These insights provide a snapshot of the consumer finance app landscape in Malta for Q4 2022. For more detailed data and further insights, visit Sensor Tower.