AI Insights · Timothy · April 2023
Top 5 Investing and Financial Management Apps in Mexico Q1 2023
Explore the performance of Mexico's top 5 investing and financial management apps on a unified platform in Q1 2023, including download and active user trends.
In the first quarter of 2023, the top 5 investing and financial management applications in Mexico showed varied performance across downloads and active user metrics. Here is a detailed overview based on Sensor Tower data.
Octa trading app: trade 24/7 saw a fluctuating trend in weekly downloads. Starting with a peak of around 39K in the last week of December, the numbers dipped to about 7.9K by the second week of January. However, it recovered through the quarter, reaching 22.6K by the end of February. Weekly active users followed a similar pattern, peaking at approximately 84.9K initially and then stabilizing around the 55K mark by the end of March.
cetesdirecto experienced consistent weekly downloads, starting with 15.8K in the last week of December and peaking at 25.9K in early January. The app maintained a stable active user base, starting at around 110.8K and growing steadily to about 146K by the end of March.
Bitso - Buy bitcoin easily had a strong start with 48K downloads in the last week of December, which then decreased to about 10.3K by late January. The app saw a slight recovery in downloads, finishing the quarter at approximately 11.5K. Active users showed an initial drop from 150.5K to around 110.5K by late January, then stabilized around 122.4K by the end of March.
Finamex had a notable spike in weekly downloads, starting with 525 in the last week of December and peaking at 52.8K by late January. This was followed by a significant drop, stabilizing around 4K-9K towards the end of the quarter. Active users showed growth from 36.9K to about 96.7K in January, then fluctuated around 65K-74K through March.
GBM+ maintained a steady download rate, beginning with 8.7K in late December and peaking at around 12.7K by mid-January. The active user base remained robust, starting at 406.5K and experiencing minor fluctuations, ending the quarter with nearly 399K active users.
These insights are derived from Sensor Tower data, offering a comprehensive look at the performance trends of these top financial apps in Mexico. For more detailed analytics and insights, visit Sensor Tower.
