Top 5 Investing and Financial Management Apps on Android in Africa, Q3 2022

The third quarter of 2022 showcased significant activity in the investing and financial management app sector on the Android platform in Africa. Here’s a detailed look at the performance trends of the top 5 apps in this category, based on data from Sensor Tower.

Sweat Wallet witnessed a remarkable increase in weekly downloads, beginning with 4.7K in mid-August and peaking at 309.5K in the week of September 12. Active users also surged, starting from 4.4K in mid-August and reaching a high of approximately 652.2K by September 19. However, its weekly revenue remained at $0 throughout the quarter.

ExpertOption - Mobile Trading experienced fluctuating weekly downloads, with a high of 117.9K in early July, tapering down to 19.4K by the end of September. Active users followed a similar trend, peaking at 125K in early July and declining to around 41.3K by the end of the quarter. The app did not generate any revenue during this period.

Binance: Buy Bitcoin & Crypto saw steady weekly downloads, starting at 39.6K in late June and reaching a peak of 68.6K in late August. Active users maintained a stable trend, fluctuating around the 500K mark, peaking at 547.4K in early September. No revenue was recorded for this app throughout Q3 2022.

Mara Wallet showed consistent growth in weekly downloads, starting at 35.2K in late June and peaking at 59.1K in late August. The active user base also expanded significantly, from 43.2K in late June to approximately 192K by the end of September. Similar to the other apps, Mara Wallet did not generate any revenue during the quarter.

Trust: Crypto & Bitcoin Wallet had stable weekly download figures, ranging from 30.7K to 39.9K throughout the quarter. Active users remained relatively steady, with a slight dip from 525.2K in late June to 482.5K by the end of September. The app did not report any revenue during this period.

For more detailed insights and data, visit Sensor Tower.