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AI Insights · Timothy · October 2024

Top 5 Personal Finance Apps in Ecuador Q3 2024

Explore the performance trends of leading personal finance apps in Ecuador during Q3 2024, highlighting downloads, revenue, and active user metrics.

Top 5 Personal Finance Apps in Ecuador Q3 2024

In the third quarter of 2024, personal finance budgeting and planning apps have shown varied performance trends across Ecuador. This analysis, based on data from Sensor Tower, provides insights into the weekly downloads, revenue, and active user statistics for the top five apps in this category.

Cash Book- daily expenses, developed by ANKIT SARAF, showed a fluctuating trend in weekly downloads, with numbers ranging from 411 to 932. The app saw a notable increase in active users, peaking at around 6.6K in mid-September.

For wmobi-Credit Guide, downloads spiked significantly to 2.4K in late July before declining sharply to single digits by early September. Unfortunately, there is no available data on weekly revenue or active users for this app during the quarter.

Family assets, from ComSy54 Ltd, maintained a consistent download rate, with figures hovering between 211 and 482 throughout the period. However, no revenue or active user data was recorded for this app.

The app Money manager & expenses saw modest revenue, peaking at $68 in late August. Downloads were relatively stable, ranging from 150 to 238, while active users showed a slight increase, reaching approximately 1.6K by the end of September.

Lastly, Splitwise experienced steady revenue, with a peak of $223 in late August. Downloads remained consistent, averaging around 160, while active users fluctuated slightly, with a high of 767 in mid-September.

These insights reflect the dynamic nature of the personal finance app market in Ecuador. For more detailed analytics and trends, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2024