AI Insights · Timothy · July 2024
Top 5 Finance Apps on Unified Platform in Portugal, Q2 2024
Explore the performance of the top 5 finance apps in Portugal for Q2 2024, including trends in downloads and active users.
The second quarter of 2024 saw noteworthy performances from the top 5 finance apps in Portugal, as tracked by Sensor Tower. Here's a closer look at their metrics:
MB WAY, published by SIBS FPS, experienced a consistent download trend, peaking at approximately 26.8K in the first week of April and ending the quarter at around 20.8K. The app maintained a strong user base, with active users fluctuating between 471K and 502K.
Revolut: Send, spend and save, by Revolut Ltd, showed a steady increase in weekly downloads, starting at 19.1K and reaching 18.2K by the end of June. The app's active user count also saw a positive trend, increasing from 468K to 506K over the quarter.
Caixadirecta, from Caixa Geral de Depósitos, had a varied download performance, starting at 12.5K in early April and closing the quarter at 8K. Its active user base showed resilience, fluctuating between 408K and 483K.
Kelp, published by Kelp Finance Labs Inc., demonstrated significant spikes in downloads, especially in late April with 38K. However, downloads tapered off to 277 by the end of June. Active users followed a similar pattern, peaking at 16.8K in late April and ending the quarter at 6K.
Millenniumbcp, from Millennium bcp, showed consistent download numbers throughout the quarter, starting at 8.8K and ending at 7.1K. Active user numbers remained stable, ranging from 263K to 278K.
The data provided by Sensor Tower highlights the dynamic nature of the finance app market in Portugal. For more detailed insights, visit Sensor Tower.
