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AI Insights · Timothy · July 2022

Top 5 Investing and Financial Management Apps on Android in New Zealand: Q2 2022

Explore the performance of the top 5 investing and financial management apps on Android in New Zealand during Q2 2022. See trends in weekly downloads, revenue, and active users.

Top 5 Investing and Financial Management Apps on Android in New Zealand: Q2 2022

The second quarter of 2022 saw notable trends in the performance of the top 5 investing and financial management applications on the Android platform in New Zealand. Here’s a detailed look at the weekly downloads, revenue, and active user metrics for these apps.

Sharesies: Easy Investing

Throughout Q2 2022, weekly downloads for Sharesies ranged from approximately 1K to 3K. The app experienced its highest downloads at the beginning of the quarter with around 2.9K downloads, gradually declining to 1.1K by the end of June. Despite this fluctuation in downloads, Sharesies did not generate any revenue during this period.

Crypto.com - Buy Bitcoin, ETH

Crypto.com saw a relatively stable trend in its weekly downloads, peaking at 989 in late March and bottoming out at 302 in mid-June. The weekly active users for Crypto.com hovered around 14K at the beginning of the quarter, experiencing a slight dip to around 12.5K in mid-June before climbing back to 13.8K by the end of the quarter. Similar to Sharesies, Crypto.com did not generate any revenue during Q2 2022.

Binance: Buy Bitcoin & Crypto

Binance maintained a consistent download rate, averaging around 500 downloads per week, with a notable spike to 784 downloads in early May. The app's active user base started at 12.9K in late March, saw a peak of 15.2K in early May, and then gradually decreased to 8.8K by the end of June. There was no revenue generated by Binance during this period.

KuCoin: Buy Bitcoin & Crypto

KuCoin's download numbers were relatively low, with a significant spike to 1.9K in late May. Active users for KuCoin showed growth from 4.1K in late March to a peak of 5.7K at the end of May before decreasing to 5K by the end of June. KuCoin did not report any revenue during Q2 2022.

OKX: Buy Bitcoin BTC & Crypto

OKX had a notable peak in downloads in late May with approximately 3K downloads, while other weeks averaged around 50 downloads. The active user count saw a significant increase from 243 in late March to 2.2K in late May, followed by a decline to 727 by the end of June. Similar to other apps in this category, OKX did not generate any revenue during the quarter.

The data presented here is sourced from Sensor Tower, which provides additional insights and detailed analytics for these applications.


Sensor Tower's platform is an enterprise-level offering. Interested in learning more?


Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2022