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AI Insights · Timothy · January 2022

Top 5 Personal Finance Budgeting and Planning Apps in South Africa Q4 2021

Explore the performance of the top 5 personal finance budgeting and planning applications on a unified platform in South Africa during Q4 2021, including trends in downloads, revenue, and active users.

Top 5 Personal Finance Budgeting and Planning Apps in South Africa Q4 2021

In Q4 2021, the performance of the top 5 personal finance budgeting and planning applications in South Africa showed varied trends in terms of downloads, revenue, and active users. The data, sourced from Sensor Tower, provides insights into the weekly performance of these apps.

22seven: Budget, Track & Save experienced fluctuations in weekly downloads, peaking at approximately 7K in early December before closing the quarter with around 6.2K. The app's revenue remained relatively stable, peaking at $14 in the first week of November and ending the quarter at $6. Active user numbers saw a significant increase in early December, reaching around 11K, before settling at approximately 7.3K by the end of the quarter.

My360 powered by Standard Bank showed a downward trend in weekly downloads, starting at about 2.5K in late September and dropping to around 301 by the end of December. The app did not generate any revenue or active user data during this period.

Budget planner—Expense tracker had a stable revenue stream, peaking at $85 in late September and fluctuating around $60 towards the end of December. Downloads varied, with a peak of approximately 825 in mid-October, while active user numbers remained steady, hovering around 1.5K throughout the quarter.

Splitwise maintained consistent revenue, peaking at $92 in early November and ending the quarter around $73. Downloads showed an upward trend, starting at 568 in late September and reaching 867 by the end of December. Active users also increased, starting at around 1.6K and peaking at approximately 2.2K in the last week of December.

Bank Account Balance Check had a modest performance in downloads, peaking at around 882 in mid-October before stabilizing around 301 in late December. The app did not generate any revenue or active user data during this period.

For more detailed insights and trends, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: January 2022