AI Insights · Timothy · October 2023
Top 5 Finance Apps on Android in Brazil Q3 2023
Discover how the top finance apps on Android in Brazil performed in Q3 2023, including trends in downloads, revenue, and active users.
Throughout Q3 2023, the top 5 finance apps on the Android platform in Brazil demonstrated notable performance trends. Here’s a closer look at their metrics, based on data from Sensor Tower.
Nubank: conta, cartão e mais saw significant fluctuation in weekly downloads, peaking at approximately 798K in mid-September. The app's weekly active users grew from about 35.4M at the beginning of the quarter to around 38.2M by the end of September, showing a consistent upward trend.
PicPay: Conta, Cartão e Pix experienced a steady increase in weekly downloads, reaching a high of about 416K in late August. However, weekly active users showed some volatility, starting at approximately 11.3M and ending the quarter at around 11.4M.
Serasa: Consulta CPF e Score reported consistent weekly revenue, averaging around $52K to $63K. The app's downloads peaked at about 356K in mid-September. Active users grew from roughly 3.7M to 4.1M over the quarter.
FGTS displayed modest but steady weekly downloads, with a peak of around 390K at the end of July. Weekly active users saw a peak of approximately 5.3M in late July before stabilizing around 3.8M to 4M.
CAIXA maintained a steady download rate, hovering between 184K and 252K throughout the quarter. Active users exhibited fluctuations, starting at approximately 11.1M and ending the quarter at around 10.4M.
For more detailed insights and trends, visit Sensor Tower.