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AI Insights · Timothy · April 2024
Q1 2024 Performance of Top Investing Apps in Latin America
An analysis of the first quarter of 2024 shows dynamic trends in downloads and active users for the leading investing apps across Latin America. Sensor Tower provides a closer look at the data.
Latin America's investing and financial management applications have shown varied performance in the first quarter of 2024. Here's a breakdown of the trends for the top five apps in the region, with insights provided by Sensor Tower.
World App - Worldcoin Wallet experienced a surge in downloads, peaking at 354K in the third week of February. The weekly active users followed a similar trend, starting at 450K and reaching nearly 979K by the end of March.
Binance: Buy Bitcoin & Crypto also saw significant growth, with downloads starting at 121K and climbing to 216K in the last week of March. The platform's active users showed consistent growth from 1.27M to 1.56M during the quarter.
IQ Option had a steady performance in downloads, beginning at 60K and dipping to 59K, with occasional peaks like 77K in the last week of February. Its weekly active users saw a slight decline from 671K to 582K over the quarter.
xStation - Forex & CFD Trading maintained a relatively stable download pattern, ranging from 40K to 51K, while active users showed an upward trend, starting at 74K and reaching 109K by the end of March.
Lastly, Coinbase: Buy Bitcoin & Ether began the quarter with a modest 11K downloads but saw a remarkable increase to 244K in the third week of March before settling at 98K. Active users also grew, starting at 99K and peaking at 121K in the same period.
The data from Sensor Tower provides a snapshot of the dynamic market for investing and financial management apps in Latin America. For more detailed insights, visit Sensor Tower's platform.
