Top 5 Finance Apps on Unified Platform in Madagascar Q2 2023

In Q2 2023, the performance of the top 5 finance applications in Madagascar on a unified platform, combining both iOS and Android data, revealed interesting trends. The data, sourced from Sensor Tower, provides insights into weekly downloads, revenue, and active users for these apps.

Orange Money Africa showed a varied download pattern throughout the quarter. Starting with around 2.9K downloads at the end of March, the app experienced a dip in early May with only 845 downloads but saw a peak of approximately 5.7K in the first week of June. No revenue data was reported for this period.

MVola had fluctuating weekly downloads, with notable spikes such as 3.4K downloads in early May and 3K in the first week of June. The app reached a low of 554 downloads in the week of May 22. Similar to Orange Money Africa, no revenue data was available.

Taptap Send: Send money abroad maintained a stable download range, starting with 852 downloads in late March and peaking at 941 in early June. Active user numbers were relatively stable, with a slight increase from approximately 1.8K in late March to 1.9K by mid-June.

MyBOA - Mobile Banking remained consistent in its weekly downloads, averaging around 600 downloads per week. The highest point was 747 downloads in mid-April, while the lowest was 491 in early June.

MetaTrader 5 — Forex, Stocks experienced steady growth in active users, starting with around 1.9K in late March and reaching 2.3K by early June. Downloads showed a gradual increase, with the highest being 556 in late May.

For more detailed insights and data, visit Sensor Tower.