NID Wallet
70
Quality Score
Strong
✍️ bumetric analysis
“
NID Wallet is an iOS app from Bangladesh Election Commission in the Utilities category, currently rated 4.0★ across 1,022,911 ratings. Initial signal reads as largely positive sentiment, users highlighting consistency and feature depth.
Quality Score is 70: Strong (healthy traction). For a Utilities app, that means healthy traction. The full BU Investment Matrix below scores 8 dimensions including monetisation, growth, and operational risk.
Track changes month-over-month in the Performance section below: live snapshot history and revenue forecast included.
💰 Monthly revenue · now vs forecast
● Right now
$600K
per month
→
12-mo forecast
$635K – $978K
per month
→
24-mo forecast
$759K – $1410K
per month
BIG tier
💡 Grow this revenue
Free AI audit of this app’s store listing
- Title & subtitle keyword fit
- Description hook & conversion structure
- Screenshots, ratings, reviews strategy
Typical impact: +2-5× organic installs
📊 Performance Tracking LIVE
Loading…
Rating
—
Reviews
—
Forecast Revenue / mo
—
Snapshots tracked
0
since first record
🤖Also on Android
$218/mo · 1.0M ratings · 4.1★
View →
ONE-TIME · BUILD
💰 Estimated build cost
$45K
↳ What it cost to build · not monthly revenue
Likely range $35K – $60K
$25K · MVP floor
$100K · indie scale
$500K+ · studio build
📈
Slow ROI — current MRR is well below build cost
Synthetic estimate. Inputs: category complexity, file size, screen count, monetization layer, platform reach, age × team-size proxy. Calibrated against 2024-2026 indie-agency rate surveys. Full math + source list on /methodology.
Where the money goes
| 🧱 MVP baseline (design + 1-store ship) | +$28K |
| 📱 5 unique screens × $4.5K | +$22K |
| 📦 Asset bundle (54 MB) | +$1K |
| ⚙ Utilities complexity ×0.85 | $-7788 |
Total estimate
$45K
ONE-TIME · EXIT VALUE
💵 Estimated acquisition value
$10K
↳ What it would sell for · not monthly revenue
Marketplace range $5K – $10K · 15× MRR multiple
💸
~0.2× build cost (under-water)
Synthetic estimate. Multiple band derived from ad-supported + age, rating quality, category demand, and user-base maturity. Calibrated against 2024-2026 indie-app-marketplace closed-deal medians. Full math + comparable deal list on /methodology.
How the multiple was built
| 📺 Ad-supported base | 15× MRR |
| 🏷 Utilities category multiple | -10% |
| ⭐ Mature user base (1M+ ratings) | +8% |
Final multiple
15× MRR
👥 Estimated audience size
204.5M
Lifetime downloads (US-equivalent)
Monthly active
40.5M
Daily active
8.1M
Synthetic estimate from ratings × category benchmarks. Calibrated against 2024-2026 mobile-attribution retention + DAU/MAU reports. Numbers are US-storefront-equivalent — true global audience can be 5-10× larger for international apps. Full math + source list on /methodology.
How we sized it
| 📲 Utilities engagement | ~200 installs / rating |
| 🔁 Utilities D30 retention | 20% |
| 📍 DAU / MAU stickiness | 0.20 |
DAU / MAU
20% sticky
🔬
How we forecast this revenue
MEDIUM CONFIDENCEBaseline
$600K/mo · ML-estimated from 234 triggers
Growth rate
+2.5% MoM · BIG tier baseline (compound monthly)
6 months
$591K – $800K
12 months
$635K – $978K
24 months
$759K – $1.4M
Compound growth at +2.5% MoM (tier baseline for BIG). Range widens with horizon — typical noise band ±15% at 6mo.. Ranges widen with horizon — distant futures carry more uncertainty.
📊
BU Investment Matrix
Concerning · 46/100BIG TIERbelow benchmarksGrowth Velocity
5.0
Founder Strength
3.3
Product Quality
8.1
Revenue Strength
5.8
Monetization Maturity
1.0
Defensibility
4.3
Market Position
2.0
Operational Safety
7.0
- 💰 Revenue: Healthy — $240K - $1320K/mo · BIG tier · medium-low confidence, trajectory unclear.
- ⭐ Quality: 4.03★ across 1,022,911 reviews — strong (top 10%).
- 📍 Market: Not yet charting in any of the 9 monitored markets.
- 📈 Growth: ⚠ last update 822d ago — possibly dormant.
- ⚠️ Risk: Moderate — dormant (822d since update).
🎯 For competitors: Mixed picture. Worth competing if you have a clear UX or pricing edge — otherwise crowded segment.
💵 For acquirers: Estimated asking range 18-32× monthly = $10.8M-$19.2M.
Composite of 8 dimensions computed deterministically from public signals — no LLM, every score traces back to a measurable input. Default weights shown; "compete" / "acquire" / "invest" lenses re-weight without re-fetching.
Range:
💰 Forecast Revenue / mo
MODELRevenue forecast computed from BU's 234 trigger model on each snapshot. Calibrated against ground-truth from 58 verified-revenue apps.
🔬Forecast Breakdown — Why This Estimate?Top 7 of 7 triggers
Our ML model uses 200+ signals from public data. These are the most influential for this app:
| High install base (1,022,911 ratings)METRIC | +$12,000 | |
| bugsREVIEW | −$1,800 | |
| securityREVIEW | +$1,800 | |
| slowREVIEW | −$1,200 | |
| Good rating (4.0★)METRIC | +$800 | |
| Established app (3y old)METRIC | +$800 | |
| Ad-supported / freemiumMETRIC | +$600 |
METRIC = structural app data · REVIEW = mined from user reviews · ✓ VERIFIED = Stripe-verified anchor (TrustMRR)
📈 Reviews Growth
LIVECumulative review count from first BU snapshot. Each point = a tracked update.
⭐ Rating Trend
LIVEAverage rating evolution. Updates with each new review batch.
🆕 What's New · v1.0.11
Enhanced user security with advanced face detection technology, utilizing TrueDepth camera's depth capabilities.
- Devices with a TrueDepth camera will exclusively employ depth data for secure facial scanning.… Full release notes →
- Devices with a TrueDepth camera will exclusively employ depth data for secure facial scanning.… Full release notes →
Profile & Insights
Everything we know — and don't — about this app and its company.
Identification
- App name
- NID Wallet
- Developer
- Bangladesh Election Commission
- Bundle ID
- bd.gov.nidw.nid.wallet
- App Store URL
- Open in App Store
- Category
- Utilities
- Content rating
- 4+
- Languages
- BN, EN
Company
- Website
- Not found
- Tagline
- Today
- Description
- Find apps and games for iPhone, iPad, Mac, and more on the App Store.
- Founded
- Not found
- HQ / Address
- Not found
- Employees
- Not found
- Logo
- Available
Revenue
- Verified revenue / mo
- Not found
- AI revenue estimate / mo
- Not found
- AI annual estimate
- Not found
- ML model estimate / mo
- $531/mo
- Top-grossing rank
- Outside top 100 in US Utilities
- All-time revenue
- Not found
- Pricing
- Not found
Founder
Founder data not yet collected for this app.
Funding
Funding data not yet collected for this app.
Press & Links
Press & Links data not yet collected for this app.
Contacts & Socials
Contacts & Socials data not yet collected for this app.
📈Ratings growth1,022,911 ratings+425% lifetimeShow 3-year history estimate ▾
Tracked (50 weeks) Pre-tracking estimate (33 weeks) · model-based, ±5% noise · anchored to release date and current value
🌍Geographic ReachNot ranked
This app is currently outside the top 100 grossing in all 9 countries we monitor (US, UK, DE, FR, JP, CA, AU, BR, IN). Niche or new apps often launch this way — popularity rankings appear once daily revenue clears the regional threshold.
🚀Update Frequency · Releases per Quarter3 releases tracked
🚀Version Release Timeline3 releases tracked
Profile is built from iTunes Lookup + developer site scrape + ML revenue model. Empty fields show "Not found" — additional sources (Crunchbase, X, IndieHackers, Acquire.com) coming.
📝 About this app
NID Wallet BD is a multi-purpose application developed under Bangladesh Election Commission. The goal of this application is to make sure the NID-related services are easily available on your phone.
Current features:
- Identity Verification: This feature adds one more layer of security to make sure that no one but you can claim your account from the Bangladesh Election Commission website. In addition to your personal details and verification code, you'll need to use this app to scan your face to verify your identity while claiming your account.
Prerequisite:… View full description on the official store →
Current features:
- Identity Verification: This feature adds one more layer of security to make sure that no one but you can claim your account from the Bangladesh Election Commission website. In addition to your personal details and verification code, you'll need to use this app to scan your face to verify your identity while claiming your account.
Prerequisite:… View full description on the official store →
App Specs
🔐 Own this app? Claim & verify MRR →💾 54 MB🔞 4+📱 iOS 13.0+🔖 v1.0.11🔄 updated 0d ago🌐 BN, EN📂 Utilities💰 Free
📅
What Worked™ · Development Pipeline
20 EVENTS TRACKEDDetected changes in this app over its tracked lifetime — each event links cause (what changed) to effect (what moved). Sorted newest first.See full history →Version history →
2026-06
📈
Crossed 5,000 ratings — social-proof flywheel kicking in
→ 30 days after: rating +0.10★ · reviews −1,021,242 high confidence
2026-06
📸
Refreshed store screenshots — 3 of 4 updated
→ 30 days after: rating +0.10★ · reviews −1,021,242 high confidence
2026-05
⭐
Rating ↑ 3.24 → 4.12 (improved 0.88★)
→ 30 days after: rating −0.09★ · reviews +1,021,371 high confidence
2026-05
📈
Crossed 500 ratings — social-proof flywheel kicking in
→ 30 days after: rating −0.09★ · reviews +1,021,371 high confidence
2026-03
⭐
Rating ↓ 4.20 → 3.24 (dropped 0.96★)
→ 30 days after: rating −0.96★ · reviews −928 medium · co-occurring
2026-03
📈
Crossed 500 ratings — social-proof flywheel kicking in
2026-03
⭐
Rating ↑ 3.26 → 4.20 (improved 0.94★)
2025-10
🔧
Shipped update — v1.0.11 → v1.1.59
→ 30 days after: rating +0.08★ · reviews +12 high confidence
2025-07
📈
Crossed 100 ratings — social-proof flywheel kicking in
→ 30 days after: reviews +6 high confidence
2024-12
📈
Crossed 50 ratings — social-proof flywheel kicking in
2024-12
📈
Crossed 50 ratings — social-proof flywheel kicking in
→ 30 days after: reviews +9 high confidence
2023-12
⭐
Rating ↓ 3.79 → 3.47 (dropped 0.32★)
→ 30 days after: rating −0.26★ high confidence
2023-10
⭐
Rating ↓ 4.18 → 3.69 (dropped 0.49★)
→ 30 days after: rating +0.10★ high confidence
2023-09
⭐
Rating ↓ 4.50 → 4.18 (dropped 0.32★)
→ 30 days after: rating −0.39★ high confidence
2023-09
📈
Crossed 10 ratings — social-proof flywheel kicking in
→ 30 days after: rating −0.39★ high confidence
2023-09
📈
Crossed 10 ratings — social-proof flywheel kicking in
→ 30 days after: rating −0.75★ high confidence
2023-06
⭐
Rating ↓ 4.86 → 4.38 (dropped 0.48★)
→ 30 days after: rating −0.45★ high confidence
2023-04
⭐
Rating ↓ 5.00 → 4.67 (dropped 0.33★)
→ 30 days after: rating −0.17★ high confidence
2023-03
🚀
First tracked snapshot — initial data captured
→ 30 days after: rating −0.33★ medium · co-occurring
2023-03
🚀
First tracked snapshot — initial data captured
→ 30 days after: rating −0.33★ medium · co-occurring
📸
Store Page History
3 SCREENSHOT CHANGESEvery time a developer swaps a store screenshot we archive both versions. Compare side-by-side to see what messaging / visuals changed.
iPhone screenshots
Slot 1
2 ver.
2 ver.
2026-05-13
2026-06-24
Slot 2
2 ver.
2 ver.
2026-05-13
2026-06-24
Slot 3
2 ver.
2 ver.
2026-05-13
2026-06-24
🌍
Multi-Country Performance
Available in 9 of 9 monitored markets| Market | Rating | Reviews | Current version |
|---|---|---|---|
| 🇦🇺 AU | 3.82★ | 150 | 3.82★ this version |
| 🇧🇷 BR | 4.5★ | 4 | 4.5★ this version |
| 🇨🇦 CA | 3.65789★ | 114 | 3.65789★ this version |
| 🇩🇪 DE | 3.62222★ | 45 | 3.62222★ this version |
| 🇫🇷 FR | 4.2924★ | 171 | 4.2924★ this version |
| 🇬🇧 GB | 4.24477★ | 1,291 | 4.24477★ this version |
| 🇮🇳 IN | 4.37418★ | 155 | 4.37418★ this version |
| 🇯🇵 JP | 3.76596★ | 47 | 3.76596★ this version |
| 🇺🇸 US | 4.12894★ | 1,683 | 4.12894★ this version |
🔔
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📝 Description
95
BU Score · Transcendent
Full revenue analysis
Read the article-style breakdown for NID Wallet: category rank, percentile, growth signal, comparable apps, and how the forecast is calibrated against verified-MRR anchors in this niche.
More by Bangladesh Election Commission
View all →📦 Portfolio summaryINDIE studio
2apps·$218/mocombined
⚠ Concentrated — top app contributes 100% of combined revenue (single-app dependency)
Similar apps in Utilities
About this analysis
Why high confidence: 1,022,911 ratings · no founder-verified revenue (model estimate only).
❓ Frequently Asked Questions
4 answers · auto-generated from this app's public dataHow much does NID Wallet make per month?▴
Based on our ML-calibrated revenue forecast, NID Wallet earns approximately $530/mo. This is a US-storefront-equivalent estimate; global revenue can be several times larger for internationally-distributed apps. See the methodology page for the full formula and confidence bands.
What apps are like NID Wallet?▴
Browse the full Utilities category catalog to find similar apps with revenue, build cost, audience and tech stack data. Each /p/{slug} page also shows a Compare side-by-side widget with three peer apps from the same niche.
Who makes NID Wallet?▴
NID Wallet is published by Bangladesh Election Commission on the Apple App Store. See the full publisher portfolio (other apps by the same developer) via the More by developer block on the product page above.
What is NID Wallet's BU Score?▴
NID Wallet has a BU Score of 70/100 (Strong). The score combines App Store rating, ratings count, monetization model and revenue signals calibrated against founder-verified MRR anchors. See the BU Score formula.