Top 5 Investing and Financial Management Apps in Egypt Q3 2022

Performance of Top 5 Investing and Financial Management Apps in Egypt Q3 2022

In the third quarter of 2022, the top five investing and financial management apps in Egypt showed varied performance trends in terms of downloads, active users, and revenue. Here’s a detailed look at their performance:

Olymp Trade - Online Trading experienced notable fluctuations in weekly downloads, starting at around 16.2K in late June and peaking at approximately 35.6K in mid-September. Weekly active users also saw a significant rise, growing from about 73.1K at the end of June to roughly 114.3K in mid-September.

Sweat Wallet, launched in late August, witnessed a rapid increase in weekly downloads, jumping from 1.3K in mid-August to around 58.4K in early September. The active user base mirrored this growth, with weekly active users rising from 1.3K to nearly 135.7K over the same period.

Thndr: Invest Your Money saw a steady increase in weekly revenue, peaking at approximately $112 in late June. Weekly downloads showed an upward trend, reaching about 19.6K in mid-September. The app's active users also grew significantly, from around 41.1K in late June to nearly 63.7K by mid-September.

Binance: Buy Bitcoin & Crypto maintained a consistent performance in terms of weekly downloads, averaging around 7K to 8K throughout the quarter. Weekly active users remained stable, fluctuating between 14.3K and 17.3K during this period.

IQ Option – FX Broker experienced growth in weekly downloads, starting at about 3.2K in late June and reaching approximately 9K in early September. Weekly active users showed a positive trend, increasing from around 36.6K at the end of June to nearly 48.9K by early September.

These insights are based on data from Sensor Tower. For more detailed analytics and insights, visit Sensor Tower.