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AI Insights · Timothy · June 2023
Performance of Top 5 Investing and Financial Management iOS Apps in Egypt for Q2 2023
Discover the latest trends and performance metrics for the top 5 investing and financial management apps on iOS in Egypt during Q2 2023, including downloads, revenue, and active users.
During the second quarter of 2023, the top 5 investing and financial management applications on iOS in Egypt showed varied performance in terms of weekly downloads, revenue, and active users. Below is an overview of each app's performance based on Sensor Tower data.
Thndr: Invest Your Money by Axis Markets B.V. saw its weekly downloads peaking at 7.2K in late March. However, a downward trend was observed as downloads decreased to 2.6K by the end of June. The app's weekly active users experienced a steady increase, growing from 41K in March to around 44.8K in early June, before stabilizing at approximately 41.2K by the end of the quarter. Revenue for the app remained minimal, fluctuating slightly around $1 weekly.
Olymp Trade - Online Trading by SMARTEX INTERNATIONAL LTD. had a more fluctuating performance. Weekly downloads started at 4.6K at the end of March and saw a significant drop to around 1.5K in mid-May, before stabilizing to approximately 1.8K by the end of June. Active users saw a decline from 17.5K in late March to around 10.5K by the end of June.
Binance: Buy Bitcoin & Crypto from Binance Switzerland AG experienced a noticeable surge in weekly downloads, reaching a peak of 4.1K in late May. However, this was short-lived as downloads dropped to approximately 1.2K by the end of June. Active users remained relatively stable, hovering around 3.5K to 4K throughout the quarter.
Sweat Wallet by The Sweat Foundation Ltd saw its weekly downloads peak at 1.8K at the beginning of April, after which they steadily declined to around 459 by the end of June. Active users demonstrated some fluctuation, reaching a high of 10.2K in early April and then dropping to approximately 5.8K by the end of June.
Lastly, EFG Hermes-ONE by EFG Hermes showed a more stable trend in weekly downloads. Starting at 670 in late March, it experienced slight fluctuations throughout the quarter, closing at approximately 658 by the end of June.
For more detailed insights and data, visit Sensor Tower.
