AI Insights · Timothy · January 2024
Top 5 Personal Finance Budgeting and Planning Apps on Android in Norway Q4 2023
An overview of the performance of the top 5 personal finance budgeting and planning apps on the Android platform in Norway during Q4 2023, including trends in downloads, revenue, and active users.
During the fourth quarter of 2023, the top five personal finance budgeting and planning apps on the Android platform in Norway showed varying levels of performance in terms of downloads, revenue, and weekly active users. Below is a breakdown of each app's performance.
Money manager & expenses saw a steady revenue increase, peaking at around $50 in the final weeks of December. Downloads fluctuated throughout the quarter, starting at 125 in late September and peaking at 135 in the last week of December. Weekly active users showed a slight decline initially, from 1.2K in late September to 1K in late October, but ended the quarter with a rise to approximately 1.2K.
Splitwise experienced consistent revenue growth, culminating in $230 in the last week of December. Downloads were somewhat erratic, beginning at 150 in late September and dropping to a low of 43 in mid-November, before recovering to 90 by the end of December. Weekly active users declined from 841 in late September to 600 in late November but showed a slight recovery to 629 by the end of the quarter.
Money Manager Expense & Budget demonstrated a stable revenue trend, ending the quarter at $94. Downloads remained low throughout the quarter, with a peak of 64 in late September and fluctuating between 23 and 48 for the rest of the period. Weekly active users saw a gradual increase, starting at 495 in late September and reaching 461 by the end of December.
YNAB had variable revenue, with notable peaks at $338 in mid-October and $255 in the last week of December. Downloads were relatively low, with a peak of 72 in early October and a notable drop to 16 in late November. Weekly active users remained fairly stable, starting at 416 in late September and ending at 352 in the last week of December.
Tricount - Split group bills maintained a consistent revenue stream, peaking at $61 in the last week of December. Downloads were modest, ranging from 17 to 76, with a slight increase towards the end of the quarter. Weekly active users decreased from 392 in late September to 236 in mid-November, before ending the quarter at 277.
These insights come from Sensor Tower, where you can find more detailed analyses and trends for these applications.