AI Insights · Timothy · July 2022
Top 5 Finance Apps in Estonia Q2 2022: Swedbank, Binance, SEB, PayPal, and Google Wallet
In Q2 2022, Estonia's top finance apps saw varied performance, with Swedbank and Binance leading in downloads, while PayPal and Google Wallet maintained steady user engagement.
In the second quarter of 2022, Estonia's finance app market saw significant activity from the top five applications on a unified platform. Here’s a closer look at the performance of Swedbank Eestis, Binance: Buy Bitcoin & Crypto, SEB Estonia, PayPal - Pay, Send, Save, and Google Wallet.
Swedbank Eestis experienced a relatively stable download trend throughout the quarter. Weekly downloads ranged between 966 and 1.6K, peaking at 1.6K in the first week of April. The app consistently maintained its user base, showcasing a steady performance.
Binance: Buy Bitcoin & Crypto saw a dynamic shift in its weekly downloads. Starting with 579 downloads at the end of March, the app peaked at 1.6K in early May. However, it faced a decline towards the end of the quarter, with weekly downloads dropping to 273 by mid-June.
SEB Estonia showed a more modest performance in comparison. Weekly downloads fluctuated between 500 and 985, with the highest number of downloads occurring in the first week of April. The app maintained a consistent presence in the market without significant spikes or drops.
PayPal - Pay, Send, Save had a stable download rate throughout the quarter. Weekly downloads ranged from 551 to 753, with a noticeable peak in the second week of May. Despite minor fluctuations, PayPal remained a consistent performer in Estonia’s finance app segment.
Lastly, Google Wallet also maintained a steady download rate, with numbers ranging from 515 to 771. The highest downloads were recorded in the first week of April, and the app continued to attract a steady stream of new users throughout the quarter.
Data for this analysis is sourced from Sensor Tower. For more insights and detailed analytics, visit Sensor Tower.
