Top 5 Consumer Finance Apps in Panama Q4 2023

In Q4 2023, the top 5 consumer finance applications in Panama demonstrated varying performance trends in terms of downloads, revenue, and active users. Here’s a detailed look at how each app fared:

Scotiabank Panamá, Banca Móvil had a steady number of downloads, fluctuating between 91 and 149 per week, with a notable peak of 149 in the week of December 11. Weekly active users remained relatively stable, starting at 1.2K in late September and ending at a similar level in late December.

Splitwise experienced a more dynamic quarter. Revenue saw a significant increase, peaking at $167 in the week of October 16 and maintaining figures above $100 in several weeks. Downloads varied, ranging from 76 to 146 weekly, with the highest download count occurring in the week of October 30. The app's weekly active users showed a slight increase, reaching up to 527 in late October.

For Money manager, expense tracker, revenue peaked at $51 in the week of October 9 before stabilizing around $9 towards the end of the quarter. Download numbers also fluctuated, with a high of 152 in early October and a low of 32 in early December. Weekly active users saw a modest decline from 855 to 886 over the quarter.

Money Manager Expense & Budget displayed consistent performance in terms of revenue, with a peak of $53 in the week of November 20. Downloads varied between 33 and 114 weekly, with the highest numbers in early October. Active users remained relatively stable, hovering around the mid-400s throughout the quarter.

Skrill - Pay & Transfer Money had a consistent download rate, ranging from 43 to 75 per week. The app's weekly active users grew steadily, starting at 130 in late September and peaking at 161 in early November.

Data for this analysis was sourced from Sensor Tower. For more detailed insights, visit Sensor Tower.