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AI Insights · Timothy · January 2024

Top 5 Consumer Finance Apps on Android in Panama Q4 2023

A review of the performance metrics for the top 5 consumer finance apps on the Android platform in Panama during Q4 2023, based on data from Sensor Tower.

Top 5 Consumer Finance Apps on Android in Panama Q4 2023

In the fourth quarter of 2023, the top 5 consumer finance apps on the Android platform in Panama showcased varied performance trends in terms of downloads, revenue, and weekly active users (WAUs), according to data from Sensor Tower.

Money manager & expenses saw a notable increase in downloads early in the quarter, peaking at 52K in mid-October before experiencing a decline and closing the quarter with 31K downloads in the last week of December. The app's revenue fluctuated slightly, peaking at around $11 in the week of October 9 and maintaining a steady $8-$9 for most of the quarter. Weekly active users showed some variability, starting at 579K in late September and ending with a slight increase to 559K by the end of December.

Wallet: Budget Expense Tracker had a stable revenue stream throughout Q4 2023, ranging between $24 and $39 per week, with a peak of $39 in the last week of November. Downloads for the app saw a decline over the quarter, starting at 24K in late September and ending at 23K in the last week of December. Weekly active users remained relatively steady, fluctuating between 205K and 247K, closing the quarter at 220K.

Skrill - Fast, secure payments did not generate any revenue during this period. However, the app's downloads showed an upward trend, starting at 12K in late September and reaching 29K by the end of October. Downloads then stabilized around the 15K-20K range. Weekly active users for Skrill followed a similar pattern, starting at 49K and peaking at 66K by the end of October, before ending the quarter at 59K.

PayRange experienced significant fluctuations in downloads, peaking at 94K in the first week of December and then dropping to 30K by the end of the month. The app did not generate any revenue during Q4 2023. Weekly active users saw a peak of 109K in early December, before declining to 74K by the end of the quarter.

Lastly, Splitwise had a consistent revenue stream, ranging from $26 to $44 per week, with the highest revenue of $44 in the last week of December. Downloads remained relatively stable, fluctuating between 7K and 23K, and ending the quarter at 16K. Weekly active users for Splitwise saw a peak of 130K in late October, with a slight decline towards the end of the quarter, closing at 101K.

For more detailed insights and data on app performance, visit Sensor Tower.


Sensor Tower's platform is an enterprise-level offering. Interested in learning more?


Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: January 2024