AI Insights · Timothy · April 2022
Top 5 Investing and Financial Management Apps on iOS in South Africa: Q1 2022
An overview of the performance of the top 5 investing and financial management apps on iOS in South Africa during the first quarter of 2022, highlighting trends in downloads, revenue, and active users.
The first quarter of 2022 saw varying performance trends among the top 5 investing and financial management apps on iOS in South Africa. Here’s a closer look at the weekly downloads, revenue, and active user trends for each app, based on data from Sensor Tower.
EasyEquities from GT247.com saw a significant fluctuation in weekly downloads. Starting at 2.5K in late December, downloads peaked at 3.8K in the first week of January and gradually declined to 1.5K by mid-March. However, there was a slight rebound to 2K in the final week of March.
Luno: Buy Bitcoin & Crypto by Luno Pte Ltd experienced a relatively stable download trend, beginning at 2K in late December and reaching a high of 2.6K in early January. The numbers then hovered around 1.4K to 2.2K throughout the quarter. Weekly active users started at 13.7K and peaked at 15.4K in mid-January, followed by a gradual decline to 11.6K by the end of March.
MetaTrader 4 from MetaQuotes Software Corp. saw consistent weekly downloads, starting at 1.3K and fluctuating between 1.5K and 2K throughout the quarter. Active users showed a steady pattern, beginning at 8.8K in late December, peaking at 10.1K in early March, and ending at 10K in the last week of March.
$T# by Liberty Group Limited demonstrated a notable decline in weekly downloads. Starting at 2.3K in late December, downloads peaked at 3K in early January but dropped significantly to around 700 by the end of March.
MetaTrader 5, also from MetaQuotes Software Corp., started with 858 weekly downloads in late December, peaking at 1.7K by the end of January. The numbers then varied between 1K and 1.4K throughout the quarter. Active users showed slight fluctuations, beginning at 7.3K and peaking at 8.2K in late January, with a slight dip to 7.3K again by mid-March, and ending at 8.2K at the close of the quarter.
For more detailed insights and data, visit Sensor Tower.