Top 5 Finance Apps on Android in El Salvador for Q1 2023

During the first quarter of 2023, the finance app landscape on the Android platform in El Salvador saw notable activity. Here’s a closer look at the performance of the top 5 finance apps, based on data from Sensor Tower.

Bancoagrícola, published by Banco Agrícola, demonstrated a consistent increase in weekly downloads, starting from approximately 5.9K downloads at the end of December and peaking at 12.7K in the final week of January. The app experienced fluctuations in weekly active users, beginning with 146.4K and reaching a high of 170.6K in the week of March 20.

Chivo Wallet, developed by the Government of El Salvador, had a varied download trend. Weekly downloads started at around 6K at the end of December, peaking at 8.4K in late January, and then fluctuating between 4.5K and 8K through the quarter. Active users for Chivo Wallet showed a general upward trend, starting from 430.9K and reaching over 546K by the end of March.

Cabal - Crece tu negocio, from ebitdash, LLC, had a steady download performance. The app began with 4.1K downloads in late December, peaking at 6.8K in early January, and maintaining an average of around 5.5K downloads per week throughout the quarter. The app recorded a minimal revenue of $3 in the last week of March.

Banca Móvil BAC, by BAC Credomatic Network, showed a consistent download trend. Weekly downloads started at 3K in late December, peaked at 6K in mid-March, and averaged around 4.5K downloads per week. The app's active users began at 210.4K and reached a high of 237.5K in early January, with a slight dip towards the end of the quarter.

Tigo Money El Salvador, published by Tigo El Salvador, had a fluctuating download trend. Starting with 6.1K downloads in late December, the app experienced a peak of 6.3K in late January and settled around 4.5K downloads per week by the end of March. Active users for Tigo Money began at 51.1K, peaking at 53.5K in late January, and averaged around 47K towards the quarter's end.

For more detailed insights and data, visit Sensor Tower.