Top 5 Business Finance & Business Solutions Apps on Android in Europe, Q1 2023

The first quarter of 2023 saw notable trends among the top 5 Business Finance & Business Solutions apps on the Android platform in Europe. Below, we dive into the performance of each app, highlighting key metrics such as weekly downloads, revenue, and active users.

Invoice2go: Easy Invoice Maker experienced a steady increase in weekly revenue, starting at $11K and peaking at around $15K towards the end of March. Weekly downloads saw a significant rise early in the quarter, reaching a high of 3.8K in the week of January 23, but then gradually declined to below 1K by the end of March. Active users followed a similar trend, starting at approximately 2K in late December, peaking at over 4K in January, and then decreasing to around 1.4K by the end of the quarter.

QBSE maintained relatively stable weekly revenue throughout the quarter, averaging around $13K to $14K. Downloads saw a notable increase, growing from 851 in late December to over 4.4K by the end of March. Active users also showed a positive trend, rising from about 5.8K at the start of the quarter to over 8.6K by the end of March.

QuickBooks Online Accounting had consistent weekly revenue, fluctuating between $10K and $12K for most of the quarter, with a peak of $12.4K in the last week of March. Downloads remained relatively stable, averaging around 1K per week. Active users saw a slight decline from approximately 20.6K at the beginning of January to around 18.7K by the end of March.

Invoice Maker & Billing App showed stable weekly revenue, generally around $5K to $6K, with a peak of $6.7K in late February. Downloads were relatively steady throughout the quarter, with a significant increase to 2.4K in mid-March. Active users saw a gradual increase from roughly 3.8K in late December to around 4.4K by the end of March.

Invoice Maker by Billdu had weekly revenue starting at $3.2K in late December, peaking at $4.4K in late February, and ending the quarter at approximately $3.8K. Downloads were consistent, ranging between 200 and 300 per week, with a slight dip to 196 in the last week of March.

These insights are based on data from Sensor Tower. For more detailed analysis and additional insights, visit Sensor Tower's platform.