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AI Insights · Timothy · January 2024

Consumer Finance Apps in Latin America: Android Performance Q4 2023

A look at the performance of the top consumer finance apps on Android in Latin America for Q4 2023, showcasing trends in downloads, revenue, and active users based on Sensor Tower data.

Consumer Finance Apps in Latin America: Android Performance Q4 2023

In the fourth quarter of 2023, the Android platform saw varied performances among the top consumer finance applications in Latin America. Sensor Tower provides a detailed analysis of these trends, offering insights into downloads, revenue, and weekly active users.

Splitwise ended the quarter on a high note with a significant increase in downloads, reaching 23K in the last week of December, up from 10K at the beginning of the quarter. The app's revenue also saw a steady rise, peaking at $2.5K in the final week. Weekly active users fluctuated throughout the quarter, ending at approximately 48K.

The Wallet: Budget Expense Tracker experienced a peak in downloads to 6K in the last week of December, after a consistent performance throughout the quarter. Revenue for the app saw a notable increase in late November, reaching $2.6K, and ended the quarter at $2.35K. Weekly active users showed resilience, concluding at 38K.

YNAB maintained a more modest presence in terms of downloads, which peaked at 301 in early October and ended at 297 in December. Revenue remained stable, with a slight increase to $1.8K by the end of the quarter. Active users saw a small uptick, ending at 427.

The performance of Spendee - Budget and Expense T showed a decline in downloads, dropping to 35 by December's end. However, revenue remained relatively steady, with a slight drop to $1K in the final week. Weekly active users concluded at 2.8K, showing a gradual decrease over the quarter.

Lastly, Fast Budget - Expense Manager saw an increase in downloads to 4.3K in the last week of December. Revenue exhibited a stable pattern, closing the quarter at $1.1K. The app's weekly active users showed a positive trend, finishing at nearly 12K.

For more in-depth insights and data on app performance, Sensor Tower's comprehensive analysis provides a detailed view of market trends and user engagement.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: January 2024