Top 5 Personal Finance Budgeting and Planning Apps in Nigeria for Q1 2023

In the first quarter of 2023, the top 5 personal finance budgeting and planning applications in Nigeria displayed diverse trends in their performance metrics. Here's a detailed look at how these apps fared:

Wallet: Budget Expense Tracker from BudgetBakers experienced fluctuations in weekly downloads, peaking at 862 in the week of January 30. However, the downloads saw a dip in February, reaching a low of 179 by the end of March. Revenue remained relatively stable, with a notable peak of approximately $22 in the week of March 20. Active users started strong at 2K in late December but gradually declined to around 1.6K by the end of March.

Monefy - Budget & Expenses app from Reflective Technologies showed a minimal number of downloads, with a brief spike to 376 in late January. Revenue saw minor fluctuations, peaking at $21 in late January but dropping to $6 by early March. Active users declined steadily from 102 in early January to 24 by the end of March.

YNAB from ynab.com saw a modest increase in revenue, reaching $67 by the end of March. Downloads were sporadic, with a peak of 17 in early January and a low of 3 in late January. Active users remained fairly stable, hovering around 30-40 throughout the quarter.

Money Manager Expense & Budget from Realbyte Inc. maintained consistent downloads, ranging between 50 and 106 weekly. Revenue had minor fluctuations, peaking at $29 in early January and $28 in late March. Active users were steady, averaging around 940 to 1K throughout the quarter.

Spendee Budget & Money Tracker from SPENDEE a.s. showed consistent weekly downloads, averaging around 50. Revenue saw a significant spike to $48 in early January but generally remained low thereafter. Active users increased gradually from 115 in late December to 134 by the end of March.

These insights are based on data from Sensor Tower, where more detailed trends and analytics can be explored.