AI Insights · Timothy · October 2023
Top 5 Consumer Finance Apps on Android in Madagascar Q3 2023
Discover how the top five consumer finance apps performed on the Android platform in Madagascar during Q3 2023, with insights on downloads, revenue, and active users.
During the third quarter of 2023, the top five consumer finance apps on the Android platform in Madagascar showcased varied performance metrics in terms of downloads and active users. Here’s a closer look at each app's performance, based on data from Sensor Tower.
MyBOA - Mobile Banking saw a generally stable trend in weekly downloads. Starting at 480 downloads in late June, it experienced a slight fluctuation and ended the quarter with 548 downloads in the final week of September. No significant changes were observed in its weekly revenue during this period.
SG Connect displayed an upward trend in weekly downloads throughout the quarter. Downloads started at 330 in late June and peaked at 653 by the end of September. Despite this growth in downloads, the app did not report any revenue figures for the quarter.
Finance: Expense control maintained a steady increase in both downloads and active users. Downloads rose from 139 in late June to 214 by the end of September. Active users also saw a significant rise, starting at 323 and reaching 605 by the end of the quarter.
My Baobab experienced relatively stable download numbers, with minor fluctuations. The app began with 130 downloads in late June and ended the quarter with 146 downloads. Similar to other apps, it did not report any revenue for the period.
Cash Book- daily expenses saw a consistent increase in both downloads and active users. Downloads grew from 164 in late June to 171 by the end of September. Active users followed a similar trend, starting at 748 and ending at 893.
For more detailed insights and further data, please visit Sensor Tower.