In the third quarter of 2024, the finance app market in Peru showed dynamic trends among the top-performing applications on the Android platform. According to data from Sensor Tower, Yape, Banca Móvil BCP, BiPay, Interbank APP, and Agora: Ahorra, compra y paga led the sector with notable activity.

Yape experienced a fluctuating trend in weekly downloads, peaking at approximately 526K in early September. The app maintained a robust weekly active user base, growing steadily from 4.1M to over 4.2M by the end of the quarter.

Banca Móvil BCP also saw varied weekly download numbers, with a notable increase to 128K in mid-September. Its active user base showed resilience, fluctuating around the 1.9M mark throughout the quarter.

BiPay demonstrated a significant spike in downloads in late July, reaching 222K, before settling to a more consistent range of 34K to 44K downloads weekly. The app's active users reflected a similar pattern, initially surging and then stabilizing around 120K by the end of September.

Interbank APP maintained a relatively steady download rate, with a slight increase towards the end of the quarter, peaking at about 35K. Its active user numbers remained consistent, hovering around 760K, with a small uptick observed in late September.

Lastly, Agora: Ahorra, compra y paga showed a gentle decline in downloads over the quarter, starting at 31K and concluding at 21K. Active users mirrored this trend, gradually decreasing from 260K to 227K.

These trends highlight the dynamic nature of the finance app market in Peru, with each app showing unique patterns in user engagement and downloads. For more detailed insights and data, Sensor Tower provides comprehensive analytics on these applications and more.

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Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2024

Android

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Quarter Summary