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AI Insights · Timothy · July 2024
Q2 2024 Android Budgeting Apps Performance in the US
An assessment of the top Android personal finance apps in the US during the second quarter of 2024 reveals steady user engagement. Sensor Tower provides further insights into download and active user trends.
Personal finance applications are crucial tools for budgeting and financial planning. As we evaluate their performance in Q2 2024, we see varying levels of user engagement across the top apps on the Android platform in the US. Sensor Tower's data offers a closer look at these trends.
Money manager & expenses saw a fluctuating download trend with a peak of 5.7M in late April and late June, while weekly active users showed a slight downtrend from 141K in early April to 122K by the end of June.
For Wallet: Budget Expense Tracker, downloads varied, reaching a high of 776K in late April but tapering off to 518K by the quarter's close. Its active user base began at 6K and dipped to 5.3K over the same period.
Svyatoslav Vlasov's 1Money: expense tracker budget experienced a steady increase in downloads, starting at 505K and climbing to 635K. Weekly active users also rose, from 30.7K to 29.2K, suggesting solid retention and engagement.
Money Manager Expense & Budget by Realbyte Inc. showed a consistent growth in downloads throughout the quarter, from 232K to 533K, while its active users saw a modest increase from 4.4K to 4.8K.
Lastly, Fast Budget - Expense Manager downloads had a mid-quarter spike at 386K but ended the quarter similarly to its start at 394K. Weekly active users grew from 459 to 811, indicating a growing user base throughout the quarter.
For more detailed insights and data on the performance of personal finance applications, Sensor Tower's comprehensive analytics provide an in-depth look at market trends and user behavior.
