AI Insights · Timothy · April 2023
Top 5 Finance Apps Performance in Portugal Q1 2023
An overview of the performance of the top 5 finance apps in Portugal during Q1 2023, based on weekly downloads and active users data from Sensor Tower.
In Q1 2023, the top 5 finance apps in Portugal showed varied performance trends in terms of weekly downloads and active users. Here’s a detailed look at their performance:
MB WAY experienced fluctuations in weekly downloads, starting with around 24K at the end of December, peaking at 26K in late January, and settling at approximately 20K by the end of March. Active users remained fairly stable, moving from about 417K to 437K over the quarter.
e-fatura saw a significant increase in downloads mid-quarter, starting from about 6.6K and reaching up to 30K in late February. However, downloads dropped to around 7.8K by the end of March. The app’s active users followed a similar trend, rising from approximately 47K to 85K before declining to around 64K.
Revolut: Send, spend and save maintained a consistent download rate throughout the quarter, with weekly downloads ranging from 7.2K to 12.6K. Active users increased steadily from around 276K to 320K by the end of March.
PayPal - Pay, Send, Save had a varied download pattern, starting with approximately 8.5K, peaking at 11K in early January, and gradually decreasing to around 5.8K by the end of March. Active users fluctuated slightly, starting at 286K and finishing the quarter at nearly 299K.
Caixadirecta showed a consistent download trend, beginning with around 10.7K and ending at approximately 6.8K. Active users saw a slight decline from 432K to 414K over the quarter.
These insights are based on data from Sensor Tower. For more detailed analytics and insights, visit Sensor Tower’s website.
