Top 5 Consumer Finance Apps in Colombia Q1 2023

In the first quarter of 2023, the top 5 consumer finance apps in Colombia demonstrated significant activity across various metrics. Here's a closer look at their performance based on data from Sensor Tower.

Nequi Colombia saw a significant increase in weekly downloads, starting at around 142K at the beginning of January and peaking at approximately 421K in mid-March. Weekly active users for the app remained relatively stable, fluctuating between 2.9M and 3.3M throughout the quarter.

Bancolombia A la Mano experienced a steady rise in weekly downloads, beginning at 80.6K in late December and reaching a high of 178K in the last week of March. Weekly active users saw a consistent upward trend, growing from around 966K to nearly 1.15M by the end of the quarter.

Davivienda Móvil displayed moderate growth in weekly downloads, with numbers ranging from 40.7K to 60.8K throughout the quarter. Active users for the app remained relatively stable, with a slight increase from 779K to 825K by the end of March.

Lulo - Maneja tus finanzas had a more volatile performance in weekly downloads, peaking at around 108K in mid-January and then dipping to approximately 12.9K by the end of March. Weekly active users followed a similar trend, starting at 93.8K and reaching a high of 216K before settling around 111K by the quarter's end.

Banco de Bogotá exhibited a consistent pattern in weekly downloads, with numbers fluctuating between 28K and 48K. Weekly active users showed slight variations, starting at 778K and gradually increasing to about 873K over the quarter.

For more detailed insights and data, visit Sensor Tower.