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AI Insights · Timothy · July 2023

Top 5 Finance Apps on Android in Portugal - Q2 2023

In Q2 2023, MB WAY, Revolut, Caixadirecta, Santander Portugal, and Google Wallet led the finance app market on Android in Portugal with notable trends in downloads and active users.

Top 5 Finance Apps on Android in Portugal - Q2 2023

In the second quarter of 2023, the top five finance apps on the Android platform in Portugal demonstrated interesting trends in downloads and active user metrics. Data from Sensor Tower reveals the detailed performance of these leading applications.

MB WAY saw a variable trend in weekly downloads, starting with approximately 9.9K at the end of March and experiencing fluctuations to eventually stabilize around 10.1K by the end of June. Active users for the app hovered around the 310K mark, peaking at 329K in early May.

Revolut: Spend, Save, Trade had a more consistent download rate, starting at 6.5K in late March and slightly decreasing to around 4.9K by the end of June. The app's active user base showed a steady increase, ending the quarter with approximately 232K users.

Caixadirecta had a steady download rate, beginning with 4.9K downloads in late March and ending with around 4.5K by the end of June. The active user base for Caixadirecta remained strong, fluctuating around 317K towards the end of the quarter.

Santander Portugal experienced consistent download figures, starting at 4.9K in March and reaching approximately 4.7K by June. The active user count showed an upward trend, peaking at 264K by the end of the quarter.

Google Wallet maintained a stable download rate, beginning with 5.1K in late March and slightly decreasing to about 4.1K by the end of June. Active users showed modest growth, ending the quarter at around 12.5K.

For more detailed insights and data on app performance, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2023