AI Insights · Timothy · July 2024
Top 5 Finance Apps in El Salvador Q2 2024: Unified Platform Performance
An overview of the performance metrics for the top 5 finance apps in El Salvador during Q2 2024, including weekly downloads and active users.
In the second quarter of 2024, the top 5 finance apps in El Salvador showed varied performance metrics in terms of weekly downloads and active users on a unified platform. Below is a detailed overview of each app's performance.
Bancoagrícola, published by Banco Agrícola, experienced a consistent trend in weekly downloads. Starting at 9.7K in early April, the downloads dipped mid-quarter to around 6.6K but rebounded to 9.8K by mid-June. Active users saw a general decline from 178K at the beginning of April to approximately 167K by the end of June.
Chivo Wallet, from the Gobierno de El Salvador, showed fluctuating weekly downloads, peaking at 7.7K in early April and dropping to 4.7K by the end of June. Active users remained relatively stable, starting at 400K, peaking at 424K in the second week of April, and then declining to 379K by late June.
Banca Móvil BAC, published by BAC Credomatic Network, saw a steady pattern in downloads. The numbers ranged from 4.8K in early April, peaking at 5.9K mid-June, and ending at 5.6K. The app's active users started at 269K, peaked at 286K in mid-June, and concluded the quarter at 283K.
App Davivienda El Salvador, from Banco Davivienda Salvadoreño, S.A., displayed a steady trend in weekly downloads, fluctuating between 3.5K in early May to 5.1K in mid-June. The active user base showed an upward trend, beginning at 39.7K in early April and reaching 42.8K by mid-June, before slightly declining to 40.8K at the end of June.
Banco CUSCATLAN, published by Banco Cuscatlán de El Salvador, had weekly downloads starting at 3.7K in early April, peaking at 5.3K in the second week of April, and ending at 3.7K by the end of June. Active users showed an overall increasing trend from 60.2K in early April to 64.8K by the end of June.
These insights are based on data from Sensor Tower. For more detailed analytics and information, visit Sensor Tower.