Sesame is yet another Android password manager. Unlike many password managers, Sesame is simple, open-source, and fairly secure.
Sesame stores passwords using the excellent open-source SQLCipher; encryption routines are provided by OpenSSL. Secrets are encrypted using industry-standard cryptographic routines: 256-bit AES with encryption keys derived through 256,000 rounds of PBKDF2.
In addition, Sesame requires no special permissions, so you don't have to worry that I'm secretly uploading all of your passwords and emailing your mother.
Sesame supports cloud backup (to the Android servers), manual import and export (to backup to Google Drive, Dropbox, or email), and secure password generation.
For more information on the motivation and design, or source code: https://github.com/danmarg/sesame/.