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AI Insights · Timothy · January 2024

Q4 2023 Performance of Top Investing Apps in the US

Sensor Tower's analysis reveals the latest trends for the top five investing and financial management apps in the United States for Q4 2023. Explore the rounded download figures and active user data for a clear market snapshot.

Q4 2023 Performance of Top Investing Apps in the US

In the fourth quarter of 2023, the United States saw notable activity in the investing and financial management app sector. Data provided by Sensor Tower offers insights into the performance of the top five applications in this category.

Schwab Mobile experienced a fluctuation in downloads, peaking at 139K in early October and then stabilizing around 53K by the end of December. The app maintained a strong base of weekly active users, ranging from 1.3M to 1.7M throughout the quarter.

Robinhood: Investing for All also showed a consistent download trend with numbers hovering between 51K and 65K. Weekly active users remained high with slight variations, starting the quarter with 4.7M and dipping to around 4.6M by the quarter's end.

Fidelity Investments saw its downloads grow from 47K to 73K by December 25th, indicating a strong finish to the year. The app's weekly active users showed an upward trend, starting at 1.5M and reaching 1.8M in the second half of December.

Empower® had a significant spike in downloads in late October, reaching 114K, which was a standout compared to its typical range of 36K to 75K. Weekly active users for Empower® varied from 208K to 287K, with a general trend of increased engagement towards the end of the quarter.

Lastly, Coinbase: Buy Bitcoin & Ether downloads started at 41K and showed growth, culminating at 78K in the final week of December. This app's weekly active users saw a significant jump in late November to 1.4M, after starting the quarter around 863K.

For more detailed insights and app performance analytics, Sensor Tower's platform remains the go-to resource for industry professionals and market analysts.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: January 2024