AI Insights · Timothy · October 2023
Top 5 Consumer Finance Apps on Android in South Africa Q3 2023
Explore the performance of the top 5 consumer finance apps on Android in South Africa during Q3 2023, featuring insights on downloads, revenue, and active user trends.
During the third quarter of 2023, the top 5 consumer finance apps on Android in South Africa showed varied performance in terms of downloads, revenue, and active users. Here’s a detailed look at their trends:
Wallet: Budget Expense Tracker from BudgetBakers saw consistent weekly revenue, peaking at around $131 in mid-July and maintaining a range of $77 to $131 throughout the quarter. Downloads fluctuated, with a notable increase to 222 in the week of September 18. Active users hovered around 1K, peaking at 1.1K in late August.
YNAB from ynab.com experienced relatively stable revenue, with a peak of $108 in the final week of September. Downloads remained low, with a maximum of 40 in the week of July 10. Active users consistently stayed around 100, reaching 118 in mid-July.
Simfolio - Financial Planner from Simfolio showed a notable increase in weekly revenue, peaking at $138 in late August. Downloads also surged, reaching a high of 701 in the same period.
Splitwise saw a steady climb in weekly revenue, peaking at $90 in mid-September. Downloads were robust, with a high of 454 in the first week of July. Active users were strong, averaging around 1.2K, peaking at 1.3K in early July.
Budget planner—Expense tracker from Battery Stats Saver showed moderate revenue growth, peaking at $82 in late August. Downloads varied, with a peak of 573 in the week of August 21. Active users remained stable, averaging around 800, with a peak of 910 in late August.
For more detailed insights and data, visit Sensor Tower.