Top 5 Consumer Finance Apps in El Salvador Q3 2023 Performance

The third quarter of 2023 saw notable trends in the performance of the top 5 consumer finance apps in El Salvador on a unified platform, according to data from Sensor Tower. Here's a detailed look at each app's performance:

Bancoagrícola from Banco Agrícola had a varied quarter. Weekly downloads showed an upward trend, peaking at 10.5K in mid-July and settling at 9.8K by the end of September. Meanwhile, weekly active users increased from approximately 164K at the end of June to around 174K by the end of September, indicating a steady rise in user engagement.

Banca Móvil BAC, published by BAC Credomatic Network, experienced fluctuating weekly downloads. Starting at 5.7K in late June, downloads dipped to a low of 3.6K in late July but recovered to over 5.2K by the end of September. Active users also showed variability but managed to increase from 261K in late June to approximately 267K by the end of the quarter.

App Davivienda El Salvador from Banco Davivienda Salvadoreño, S.A. saw a consistent download trend, starting at 4K in late June and ending at around 4K by the end of September. Active users remained relatively stable, starting at 36.4K and ending at 36.7K, demonstrating steady user engagement throughout the quarter.

Banco CUSCATLAN, published by Banco Cuscatlán de El Salvador, also had a stable quarter. Weekly downloads started at 3.6K in late June, dropped to 2.6K in early September, and then increased to 4.1K by the end of September. Active users showed a positive trend, rising from 51.5K in late June to approximately 57.7K by the end of the quarter.

Promerica SV from Banco Promerica El Salvador had a lower volume of downloads compared to the other apps. Downloads ranged from 1K to 1.4K throughout the quarter. Unfortunately, data on active users for Promerica SV was not provided.

For more detailed insights and trends, visit Sensor Tower.