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AI Insights · Timothy · October 2024

Top 5 Personal Finance Apps on Android in South Africa Q3 2024

Explore the performance trends of the leading personal finance apps on Android in South Africa during Q3 2024, with insights on downloads, revenue, and active users.

Top 5 Personal Finance Apps on Android in South Africa Q3 2024

In the third quarter of 2024, the personal finance budgeting and planning apps on the Android platform in South Africa showcased diverse performance trends. Here’s a closer look at the top five applications based on their metrics.

Receipt Scanner: Easy Expense saw fluctuating weekly revenue, peaking at about $650 in late August. Downloads were highest in the same period, reaching around 4.6K, while active users peaked at approximately 3.1K in mid-August.

Splitwise maintained a steady weekly revenue flow with a slight increase in mid-September, reaching $156. Downloads and active users remained stable throughout the quarter, with minor variations, averaging around 270 downloads and 1K active users weekly.

Wallet: Budget Expense Tracker experienced a moderate revenue trend, with a slight rise to $85 at the end of September. Downloads fluctuated, peaking at 160 in mid-July, while active users showed a slight increase towards the quarter's end, reaching around 690.

YNAB had a relatively low download rate with a notable spike at the end of September, reaching 57. Revenue peaked at $93 in mid-July, while active users remained consistent, hovering around 100 throughout the quarter.

Budget planner—Expense tracker showed stable revenue, with a slight decline towards the end of September to $49. Downloads fluctuated, peaking at 760 in late July. Active users followed a similar trend, peaking at around 1K in late July.

These insights, based on data from Sensor Tower, highlight the dynamic nature of the personal finance app market in South Africa. For more detailed analytics and trends, Sensor Tower provides comprehensive insights.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2024