Top 5 Finance Apps in El Salvador Q3 2023 Performance

The third quarter of 2023 saw interesting trends in the performance of the top five finance apps in El Salvador on a unified platform, combining data from both iOS and Android. The data, sourced from Sensor Tower, reveals fluctuations in weekly downloads and active users for these apps. Here’s a closer look at their performance over this period.

Bancoagrícola experienced consistent weekly downloads, starting at approximately 7.8K in late June and peaking at nearly 10.5K in mid-July. Towards the end of September, downloads stabilized around 9.8K. Active users for the app also showed a steady increase, from around 164K at the start of the quarter to about 174K by the end.

Niu: Your money, cards, & more had a more volatile download trend. The app saw a significant spike in downloads in late July, with numbers reaching nearly 29.5K. However, by the end of September, downloads had decreased significantly to around 843.

Chivo Wallet maintained a relatively stable download rate, ranging from approximately 4.2K to 5.8K throughout the quarter. Active users fluctuated slightly but remained high, starting at around 488K in late June and ending at approximately 454K in late September.

Banca Móvil BAC showed a consistent pattern in downloads, with numbers fluctuating between 3.6K and 5.7K. The app saw a peak of 5.2K downloads towards the end of September. Active user numbers were stable, starting at about 260K in late June and reaching around 267K by the end of September.

App Davivienda El Salvador also displayed a steady download trend, peaking at nearly 4K in late September. Active users for the app remained relatively constant, starting at about 36K in late June and reaching approximately 37K by the end of the quarter.

For more detailed insights and data, visit Sensor Tower.