Top 5 Investing and Financial Management Apps in Africa Q3 2021

In the third quarter of 2021, the top 5 investing and financial management applications in Africa demonstrated diverse trends in user engagement and downloads, according to data from Sensor Tower. Here is a breakdown of their performance:

Binance: Buy Bitcoin & Crypto saw weekly downloads rise steadily from approximately 32.9K in late June to a peak of around 52.5K in mid-August, before tapering off to around 40.8K by the end of September. Weekly active users also showed a growth trend, increasing from roughly 456K at the end of June to about 539K in early September, before ending the quarter at approximately 507K.

IQ Option – FX Broker experienced fluctuations in weekly downloads, starting at around 44.3K in late June, peaking at approximately 48.9K in early July, and then stabilizing around the mid-30K range towards the end of the quarter. Weekly active users had minor variations, beginning at about 236K and maintaining a range between 213K and 253K throughout the quarter.

Trust: Crypto & Bitcoin Wallet maintained a consistent increase in weekly downloads, starting at around 40.3K in late June and reaching a peak of approximately 46.1K in mid-September, ending the quarter with about 40.3K. Active users showed a similar upward trend, growing from roughly 701K at the end of June to a peak of approximately 767K at the end of August, before slightly decreasing to about 669K by the end of September.

Luno: Buy Bitcoin & Crypto had relatively stable weekly downloads, fluctuating between 25K and 30K throughout the quarter. Active users started at approximately 404K in late June, saw a peak of around 482K in mid-September, and ended the quarter at about 379K.

Investing.com: Stock Market had a noticeable increase in weekly downloads, starting at around 21.8K in late June and peaking at approximately 37.1K by the end of September. Weekly active users also showed an upward trend, growing from roughly 147K at the end of June to about 189K by the end of September. Revenue saw a significant increase, with weekly earnings growing from approximately $265 in late June to around $824 by the end of September.

For more detailed insights and data, visit Sensor Tower.