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AI Insights · Timothy · July 2023

Top 5 Investing and Financial Management Apps on Android in Portugal: Q2 2023

Discover the performance trends of the top 5 investing and financial management apps on Android in Portugal during Q2 2023, including download rates and active user metrics.

Top 5 Investing and Financial Management Apps on Android in Portugal: Q2 2023

In Q2 2023, the investing and financial management app market in Portugal saw varied performance trends across the top five applications on the Android platform. Here’s a detailed look at the weekly downloads and active user metrics for each app, based on data from Sensor Tower.

XTB Online Investing experienced a relatively stable download trend, with weekly downloads ranging from 1.2K to 1.5K. The app witnessed a peak of approximately 1.5K downloads in the week of April 10. Weekly active users fluctuated between 11.3K and 12.2K, showing a slight decline towards the end of the quarter but stabilizing at around 11.8K.

Binance: Buy Bitcoin & Crypto showed a varied download trend, starting the quarter with 1.3K downloads and reaching a high of 1.8K in the week of April 17. The lowest download count was around 970 in the week of May 22. Weekly active users saw a peak of 26.7K early in the quarter but declined to 19.4K by the end of June.

World App - Worldcoin Wallet maintained a consistent download rate, with figures ranging from 1.1K to 1.7K. The highest downloads were recorded in the week of May 15 with 1.7K. Active users for this app showed a steady increase, starting at 11.7K and ending the quarter at 13.7K, indicating growing engagement.

ActivTrades Online Trading had a significant drop in downloads after a strong start. The app saw its highest downloads in the week of April 3 with 2.8K but experienced a sharp decline, reaching as low as 3 downloads by the end of June. This drop indicates a significant decrease in new user acquisition over the quarter.

Trading 212 - Stocks & Forex exhibited fluctuating download numbers, starting the quarter with approximately 500 downloads and peaking at 2.1K in the week of May 29. Active users grew from 7.4K to a peak of 11.4K in late May but ended the quarter at around 9.8K, showing an overall positive trend despite some fluctuations.

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


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2023