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AI Insights · Timothy · July 2024

Q2 2024 Performance of Top Android Personal Finance Apps in Latin America

An analysis of the top 5 personal finance apps reveals their performance trends in downloads, revenue, and active users in Latin America during Q2 2024. Sensor Tower provides a deeper dive into these metrics.

Q2 2024 Performance of Top Android Personal Finance Apps in Latin America

Latin America's Android users have been actively managing their finances through various personal finance apps in the second quarter of 2024. Data from Sensor Tower offers a glimpse into the performance of the top 5 budgeting and planning applications in this region.

Splitwise observed a revenue trend with numbers fluctuating between $2K and $2.6K, peaking in the last week of June. Downloads showed a decline from 9.7K to 7.3K in mid-June, before a resurgence to 9K. Weekly active users started at 47.3K, dipped to 41.3K, and closed the quarter around 42.4K.

YNAB experienced revenue fluctuations, starting at $1.9K and dropping to $1.6K by the end of June. Downloads were initially low at 133, spiked to 1.2K in the last week, and active users increased from 420 to 823 over the quarter.

Wallet: Budget Expense Tracker showed consistent revenue, ranging from $1.5K to $2K, with a peak in mid-May at $2K. Downloads decreased from 5K to 2.5K in early June, then rose to 3.5K. Active users were in the 31K to 36K range, ending the quarter at 33.5K.

1Money: expense tracker budget saw revenue growth from $1.1K to $1.3K. Downloads had a low point of 266 in mid-April but recovered to 372 by the quarter's end. The active user base hovered around 4.5K to 5K throughout the period.

Spendee Budget & Money Tracker revenue trends showed a dip from $1.2K to under $1K by June. Downloads trended upwards from 708 to 828, while active users increased marginally from 2.6K to 2.9K.

For more detailed insights into the performance of these applications, Sensor Tower's comprehensive data offers a deeper understanding of the trends in the personal finance app market.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2024