Q2 2024 Performance of Top Android Personal Finance Apps in Latin America

In the second quarter of 2024, the Android personal finance landscape in Latin America saw varied performance among top applications. Here's a brief rundown of the trends observed in downloads, revenue, and weekly active users.

Money manager & expenses experienced a fluctuation in downloads starting with 12K, peaking at 15K, and closing the quarter with around 13K. Weekly active users saw a high of 174K in April, dipping to 154K in late May, and rebounding to approximately 166K by the end of June. Revenue trends showed a rise from $904K in early April to nearly $1.2M mid-June, followed by a slight dip to $991K.

Splitwise maintained a consistent revenue stream, beginning the quarter at $2M, peaking at $2.6M, and ending slightly lower at $2.6M. Downloads saw a decrease from 9.7K to 8.9K, with weekly active users starting at 47K, dropping to 41K, and slightly increasing to 42K by the quarter's end.

For Budget planner—Expense tracker, downloads saw a significant jump from 2.6K to 6.9K, with a noticeable spike to 7.3K in late May. Weekly active users started at 4.1K and grew to 8K. Revenue also showed growth, starting at $206K, reaching $708K in mid-June, and finally spiking to $871K.

Money Manager Expense & Budget saw a steady increase in revenue from $972K to $1.2M, with a slight decrease to $894K at the quarter's end. Downloads were consistent, opening at 4.1K and peaking at 5.4K. Weekly active users ranged from 25K at the beginning of the quarter to nearly 25K by June end.

Lastly, Tricount - Split group bills showed a varied revenue trend, starting at $836K, dipping to $524K in late April, and ending at $484K. Downloads followed a similar pattern, with an initial 5.1K decreasing to 3.4K and then rising to around 4.4K. Weekly active users saw a decrease from 21K to 17K throughout the quarter.

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