Top 5 Finance Apps on Android in Madagascar in Q2 2023

In the second quarter of 2023, the top finance apps on Android in Madagascar demonstrated varied performance trends. This article provides an overview of weekly downloads, weekly revenue, and weekly active users for the leading apps, based on data from Sensor Tower.

Orange Money Africa experienced fluctuating weekly downloads throughout the quarter. Starting at approximately 2.7K downloads in late March, the app saw a decline to around 727 downloads in early May. However, there was a significant increase, peaking at 5.4K downloads in the first week of June. The app maintained a consistent weekly revenue of $0.

MVola showed notable spikes in weekly downloads, with a high of 3.4K in early May. Downloads fluctuated throughout the quarter, with another peak of 3K in the first week of June. Similar to Orange Money Africa, MVola did not generate any weekly revenue during this period.

Taptap Send: Send money abroad maintained relatively stable weekly downloads, starting at around 766 in late March and ending with 771 in late June. The app saw a slight increase in downloads during the first week of June, reaching 845. Active users for Taptap Send also showed consistency, with a gradual increase from 1.6K in late March to approximately 1.7K in early June. The app did not report any weekly revenue.

MyBOA - Mobile Banking had steady weekly downloads throughout the quarter, fluctuating around the 500-600 mark. The highest downloads were seen in mid-April with 692. Similar to other apps in this category, MyBOA did not generate any weekly revenue.

SG Connect had modest but consistent weekly downloads, ranging from 243 to 484 throughout the quarter. The app peaked at 484 downloads in mid-April. SG Connect also did not report any weekly revenue during this period.

For more detailed insights and trends, visit Sensor Tower.