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AI Insights · Timothy · October 2023

Top 5 Finance Apps on Unified Platform in Ecuador Q3 2023

Discover the performance trends of the top 5 finance apps in Ecuador for Q3 2023, including weekly downloads and active users.

Top 5 Finance Apps on Unified Platform in Ecuador Q3 2023

In the third quarter of 2023, the top 5 finance applications in Ecuador on a unified platform (iOS and Android) demonstrated dynamic trends in weekly downloads and active users. Here’s a detailed look at their performance:

PICHINCHA BANCA MÓVIL saw a significant rise in weekly downloads, starting at around 36.7K at the end of June and peaking at approximately 54.6K by the end of September. The app maintained a robust base of weekly active users, fluctuating between 1.2M and 1.3M throughout the quarter.

Deuna: Versión Anterior experienced a varied download trend, with a notable increase from around 23.3K in late July to about 47.1K by the end of September. The weekly active users also showed a positive trend, rising from nearly 57.7K in late July to approximately 76.7K by the end of the quarter.

CuotaMía-préstamo exhibited a downward trend in weekly downloads, starting at around 44.6K in late July and declining to approximately 8.8K by the end of September. However, the app's weekly active users remained relatively stable, ranging from about 79.8K to 110K throughout the quarter.

peiGo showed fluctuations in weekly downloads, peaking at around 30.1K in late August before dropping to 6.5K by the end of September. The number of weekly active users also varied, reaching a high of approximately 69.6K in early September and then declining to about 46.4K by the end of the quarter.

Banco Guayaquil maintained a consistent download rate, starting at around 19.7K in late June and ending with approximately 23.5K in late September. The weekly active users showed a steady increase from about 301K to 328K over the same period.

These performance insights highlight the dynamic nature of the finance app market in Ecuador. For more detailed analytics and insights, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2023