Top 5 Finance Apps Performance in El Salvador for Q1 2023

In the first quarter of 2023, the top 5 finance apps in El Salvador showed varied performance trends in terms of weekly downloads, revenue, and active users. Here is a detailed look at their metrics, based on data from Sensor Tower.

Bancoagrícola saw a steady increase in weekly downloads, peaking at around 12.7K in the last week of January. The app maintained an average of approximately 8K to 10K weekly downloads throughout the quarter. The number of active users also demonstrated an upward trend, starting from 146.4K at the end of December and reaching 170.6K by mid-March.

Chivo Wallet experienced fluctuating weekly downloads, with a notable dip to around 5.2K in the last week of February. However, the app rebounded in mid-March with approximately 8.6K downloads. Active users showed a significant increase, starting from 430.9K in late December and peaking at 546.1K in the third week of March.

Cabal - Crece tu negocio had a relatively stable performance in terms of weekly downloads. The app saw an initial spike to around 6.8K in the first week of January and maintained an average of approximately 5K to 6K weekly downloads. A minimal revenue of $3 was recorded in the last week of March.

Banca Móvil BAC showed a consistent increase in weekly downloads, reaching a high of 6.6K in mid-March. The app maintained a steady number of active users, starting from 229.6K at the end of December and fluctuating around the mid-240K range throughout the quarter.

OPTO showed a remarkable spike in weekly downloads, peaking at approximately 23.5K in the last week of February. The app's downloads varied widely, with another high of 12.2K in early March.

These insights are based on data from Sensor Tower, where more detailed analytics can be found.