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AI Insights · Timothy · January 2021
Q4 2020 Performance of Top iOS Investing Apps in Europe
An analysis of the top five investing and financial management apps on the iOS platform in Europe during the fourth quarter of 2020 reveals their downloads, revenue, and user engagement trends. Data provided by Sensor Tower offers a snapshot of the financial app landscape.
In the fourth quarter of 2020, Europe's iOS platform saw varying performances among the leading investing and financial management applications. Sensor Tower's data provides a comprehensive look at these trends, offering valuable insights into user behavior and app popularity.
Bloomberg: Business News Daily saw its revenue peaking in late November with over $21K, although it tapered off to $11K by the end of December. Downloads showed an upward trend, with a notable spike to over 4K in the first week of November, and active users reached a high of nearly 30K in the last week of December.
Seeking Alpha: News & Analysis experienced fluctuations in revenue, hitting a high of over $5K in the last week of December. Downloads peaked in mid-November at over 2.5K, and weekly active users saw a steady increase, concluding the quarter with over 24K active users.
Finimize Finance News Insights had its revenue dip to around $1.6K in late October, but it recovered to over $3.5K by year's end. The app's downloads saw a significant drop in early November, but surged to over 3K by the end of December. Active users fluctuated, with a low of 754 in early November and a high of over 2K in the final week of December.
Numbrs - Bitcoin Account did not generate revenue until November, but saw a substantial increase to nearly $6K in the third week of November. Downloads reached a peak of over 1K in early December, while active users showed an overall upward trend, ending the year with just under 2K active users.
MyWallSt: Stock Investing revenue varied, with the highest at nearly $2K in early November and a year-end figure of over $1.3K. Downloads for the app saw an upward trajectory, culminating in over 700 in the last week of December. The app's active users also grew, finishing the quarter at over 500.
The data from Sensor Tower paints a clear picture of the performance and engagement of these top financial apps, with more detailed insights available on their platform. This analysis serves as a snapshot of the financial app sector in Europe during a dynamic and eventful quarter.
