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AI Insights · Timothy · October 2023

Top 5 Consumer Finance Android Apps in Africa Q3 2023

In Q3 2023, the top 5 consumer finance apps on Android in Africa showcased varying trends in weekly downloads, revenue, and active users. Here’s a detailed look at their performance.

Top 5 Consumer Finance Android Apps in Africa Q3 2023

In Q3 2023, the top 5 consumer finance apps on Android in Africa showcased varying trends in weekly downloads, revenue, and active users. Here’s a detailed look at their performance based on data from Sensor Tower.

YNAB experienced fluctuations in weekly downloads, with a notable peak of 466 downloads in the week of September 11. Weekly revenue saw a steady increase, culminating in $492 in the final week of September. Active users also showed a gradual rise from 158 in early September to 390 by the end of the month.

Wallet: Budget Expense Tracker maintained a consistent performance throughout the quarter. Weekly downloads fluctuated, peaking at 2.2K in the week of August 28. Revenue remained relatively stable, reaching a high of $299 in late July. Active users showed a slight decline from 9K in late June to 7.9K by the end of September.

Mobills: Budget Planner had a more volatile quarter. Weekly downloads were inconsistent, with a high of 121 in late June but dropping to zero by the end of September. Revenue exhibited a gradual increase, peaking at $206 in late August. Active users saw a significant decline from 185 in late June to just 56 by the end of September.

Splitwise performed steadily in terms of weekly downloads, with numbers hovering around 800-1K throughout the quarter. Revenue showed a consistent upward trend, reaching $221 by the end of September. Active users peaked at 2.9K in early August but slightly declined to 2.5K by the end of September.

Monefy - Budget & Expenses app had a notable quarter with a peak in weekly downloads at 1.2K in late July. Revenue remained relatively stable, with a slight increase to $140 by the end of September. Active users saw a peak of 2.3K in late July, but then experienced a decline to 1.6K by mid-September, before recovering slightly to 1.75K by the end of the quarter.

For more detailed insights and data, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2023