AI Insights · Timothy · October 2024
Top 5 Consumer Finance Apps on Android in Algeria, Q3 2024
Discover the performance trends of the top 5 consumer finance apps on Android in Algeria during Q3 2024, including insights on revenue, downloads, and active users.
During the third quarter of 2024, the consumer finance app market on the Android platform in Algeria showed varied performance trends. Here’s a look at how the top five applications fared according to Sensor Tower data.
YNAB demonstrated a stable weekly revenue, consistently ranging between $7 and $9. Weekly downloads were somewhat erratic, peaking at 22 in the week of August 26. The app maintained a healthy base of active users, increasing from 25K to 32K over the quarter before slightly dropping to 28K by the end.
Splitwise maintained a steady revenue stream, hovering around $5 to $6 weekly. Downloads were minimal, with a brief spike to 6 in early September. Unfortunately, data on active users was not available for this app.
Mobills: Budget Planner saw modest weekly revenue, typically around $3 to $4, with no reported downloads or active user data throughout the quarter.
Finary: Budget & Money Tracker kept its revenue consistent at approximately $3 weekly. Downloads increased slightly, reaching 5 in mid-September, though no active user data was available.
Zaim had a steady revenue trend between $2 and $3 weekly. While downloads were absent, the number of active users started at 40K, slightly declining to 35K by the end of the quarter.
For more detailed insights and data, visit Sensor Tower. These trends offer a glimpse into the dynamics of consumer finance apps in Algeria, showcasing varied engagement and financial metrics across different applications.