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AI Insights · Timothy · October 2023

Top 5 Finance Apps in Portugal Q3 2023 Performance

Explore the performance trends of the top 5 finance apps in Portugal for Q3 2023, including downloads, active users, and revenue metrics.

Top 5 Finance Apps in Portugal Q3 2023 Performance

In Q3 2023, the finance app landscape in Portugal saw notable trends across the top 5 applications on the unified platform. According to data from Sensor Tower, here is a detailed look at their performance.

MB WAY maintained a consistent presence in the market. Weekly downloads ranged from about 15.4K to 24.2K, peaking at 24.2K in the final week of September. Active users showed a fluctuating trend, starting at 425K in late June, dipping to around 302K by the end of July, and then recovering to approximately 441K by the end of the quarter.

Pluxee Portugal experienced a significant increase in downloads. Starting with just 825 downloads in mid-July, the app saw a remarkable rise, reaching a peak of 30K downloads in late August. However, downloads tapered off slightly to 9.3K by the end of September.

Revolut: Send, spend and save demonstrated stable growth. Weekly downloads varied between 7.4K and 10.6K, with a peak of 10.6K in late July. Active users remained relatively steady, starting at 342K in late June and ending at 377K by the end of September.

Caixadirecta also saw an upward trend in downloads. Weekly downloads grew from approximately 6.5K in late June to a peak of 11.2K in mid-September. The app's active users exhibited consistent numbers, fluctuating between 399K and 450K throughout the quarter.

PayPal - Send, Shop, Manage showed varied download activity. Weekly downloads ranged from 5.5K to 10.8K, with a peak in early July. Active users remained stable, starting at 313K in late June and ending at 319K by the end of September.

These insights highlight the dynamic nature of the finance app market in Portugal. For more detailed analytics and insights, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2023