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AI Insights · Timothy · April 2024

Europe's Android Personal Finance Apps Q1 2024 Performance

A look at the top 5 personal finance budgeting and planning apps on Android in Europe for Q1 2024, revealing their download and user engagement trends. Insights courtesy of Sensor Tower.

Europe's Android Personal Finance Apps Q1 2024 Performance

In the first quarter of 2024, European users of Android personal finance apps have shown varying degrees of engagement and download activity. Sensor Tower provides a detailed look into the performance of the top five budgeting and planning applications during this period.

Finanzguru - Konten & Verträge reported fluctuating weekly revenue, peaking at $46K and dipping to $29K with a rebound to around $43K towards the end of the quarter. Downloads saw a general decline from 24K to around 10K, while weekly active users started at 248K, dipped to around 221K, and rose back to approximately 240K.

BudgetBakers' Wallet: Budget Expense Tracker experienced a weekly revenue trend ranging from $12K down to $7K, with a slight increase to $8K at the quarter's close. Downloads for the app decreased from 9K to roughly 5K, and active users saw a modest decrease from 75K to 68K.

YNAB observed its revenue moving from $8K to $6K, with a steady presence around $7K towards the end of Q1. Downloads started at 2.4K, with a low of around 700, and ended slightly higher at 809. Weekly active users remained fairly consistent, starting at 7.3K and ending at 6.4K.

Splitwise showed a revenue trend that saw a starting point of around $8K, a decrease to approximately $6.7K, and a slight rise to $6.5K. Downloads saw a significant start at 35K, with a consistent performance, ending the quarter strong at 31K. The app's weekly active users began at 236K, dipped to 199K, and recovered to 209K.

Lastly, Bankin' had revenue figures starting at $6.4K, decreasing to $4.2K, and recovering to $5.3K. Downloads showed a decline from 17K to around 7K, while weekly active users started at 124K, experienced a slight dip, and ended at 110K.

For more in-depth insights into the app performance trends, Sensor Tower's comprehensive data provides a closer look at the personal finance app landscape in Europe.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2024