Top 5 Personal Finance Apps in South Africa Q3 2024

In the third quarter of 2024, the top five personal finance budgeting and planning applications on the unified platform in South Africa showcased diverse performance trends. This analysis, based on data from Sensor Tower, highlights the key metrics of weekly downloads, revenue, and active users.

Receipt Scanner: Easy Expense saw a varied performance in terms of downloads and revenue. Weekly downloads fluctuated, peaking at around 5.5K in early July before declining to approximately 1.5K by the end of September. Revenue showed a steady rise, reaching about $2.2K in late August, with an active user base that decreased from 2K to 1.4K over the quarter.

Splitwise maintained a relatively stable revenue stream, with weekly earnings hovering around $350. Downloads remained consistent, averaging close to 800 per week. Active users demonstrated a modest fluctuation, starting from 3.3K and ending at about 2.9K.

Money Tracker Expense Tracker experienced a notable increase in downloads, particularly in September, where they rose sharply to 1.5K. Revenue remained low and stable, while active users climbed from approximately 670 in July to 1.8K by the end of the quarter.

22seven: Budget, Track & Save exhibited consistent growth in active users, reaching 1.2K in late September. Weekly downloads varied, with a significant increase to 1.1K at the end of the quarter. Revenue remained minimal, reflecting a stable trend.

Budget planner—Expense tracker showed a slight decline in downloads, starting at 445 and decreasing to 261 by September's end. Revenue trends were relatively stable, while active users decreased from 883 to 705 over the quarter.

For more detailed insights and data, visit Sensor Tower's platform to explore the comprehensive analytics of these applications.