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AI Insights · Timothy · October 2023

Top 5 Consumer Finance Apps on Android in Portugal Q3 2023

A review of the performance of the top 5 consumer finance apps on Android in Portugal during Q3 2023, covering trends in downloads, revenue, and active users.

Top 5 Consumer Finance Apps on Android in Portugal Q3 2023

In Q3 2023, the top 5 consumer finance apps on the Android platform in Portugal showed varied performance across downloads, revenue, and active users. Here's a closer look at how each app fared:

Wallet: Budget Expense Tracker from BudgetBakers saw a fluctuating trend in weekly revenue, peaking at around $390 in late August and maintaining a steady increase to $374 by the end of September. Weekly downloads also showed variability, with a high of 549 in late August and ending at 395 in the last week of September. Active users experienced a general upward trend, moving from 3106 at the start of the quarter to 3478 by the end.

YNAB had a modest performance in terms of revenue, peaking at $178 in early July and fluctuating around $75 towards the end of the quarter. Downloads increased steadily, starting at 32 and reaching 114 by the end of September. Active users also showed a steady rise, ending the quarter at 445, up from 281.

Mobills: Budget Planner from Toro Investimentos had a notable revenue spike of $134 in late August, although it dropped to $36 by the end of September. Downloads fluctuated, peaking at 188 in the final week of September. Active users increased from 171 at the start of the quarter to 293 by the end.

Toshl Finance - budget manager from Toshl Inc. showed a significant increase in revenue, peaking at $156 in the last week of September. Downloads rose steadily, reaching 229 by the end of the quarter. Active users also saw growth, ending the quarter at 383, up from 185.

Lastly, Fast Budget - Expense Manager from AppFer SRL experienced consistent revenue, peaking at $68 in late August. Downloads showed a strong upward trend, reaching 762 in the last week of September. Active users grew from 2276 at the start of the quarter to 3305 by the end.

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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2023