AI Insights · Timothy · December 2022
Top 5 Finance Apps Performance in El Salvador Q4 2022
Analyzing the performance of the top 5 finance apps in El Salvador during Q4 2022, including Chivo Wallet, Bancoagrícola, Banca Móvil BAC, Tigo Money El Salvador, and sostengo.
In the fourth quarter of 2022, the top 5 finance applications in El Salvador exhibited varied performance trends across downloads and active users, according to Sensor Tower data.
Chivo Wallet, published by Gobierno de El Salvador, saw a peak in weekly downloads at around 16.2K in late October before gradually declining to approximately 6.4K by the end of December. Active users for Chivo Wallet experienced fluctuations, starting from 423K at the end of September and peaking at 475K in late October, before settling at around 431K by the end of the year.
Bancoagrícola had its weekly downloads reach a high of 11.1K in the week of October 24, with active users peaking at 162K in the same period. By the end of December, downloads had decreased to 5.9K, while active users slightly declined to 146K.
Banca Móvil BAC experienced moderate weekly downloads, peaking at 5.5K in late October and closing the quarter at 3.5K. Active users for Banca Móvil BAC remained relatively stable, hovering around 235K throughout most of the quarter, with a minor dip to 223K in late October.
Tigo Money El Salvador showed consistent weekly downloads, with a notable peak of 6.5K in the last week of December. Weekly active users for Tigo Money El Salvador saw a slight increase from 51K at the start of the quarter to 51.1K by the end of the year.
sostengo had its highest weekly downloads at 8.7K in early October but saw a decline to around 2.7K by the end of December. Active user data for sostengo was not provided, but the download trend suggests a varied user engagement throughout the quarter.
These insights are derived from Sensor Tower data, which offers a comprehensive view of app performance metrics. For more detailed analytics and trends, visit Sensor Tower.
