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In the second quarter of 2024, several investing and financial management applications saw significant activity on the unified platform in Kuwait. Here's a detailed look at the performance of the top 5 apps, based on data from Sensor Tower.
Throughout Q2 2024, Binance: Buy Bitcoin & Crypto maintained a consistent download rate, starting at around 1.4K downloads per week and ending the quarter with a peak of approximately 1.8K downloads. The weekly active users saw a gradual increase from 49.4K at the beginning of April to nearly 56.3K by the end of June.
ExpertOption - Mobile Trading experienced fluctuations in its weekly downloads, with a notable spike to about 2.9K in the week of May 27. Weekly active users also showed a significant increase, peaking at 4.6K in the same week before settling back to around 2K by the end of June.
Zad Fintech demonstrated a steady download trend, starting the quarter at around 1.5K downloads per week and maintaining a relatively stable rate throughout, with a slight dip in May. Weekly downloads hovered between 700 and 1.7K, ending June with about 850 downloads.
MultiBank-Plus: Invest & Trade saw a remarkable increase in downloads, particularly in late May, with a peak of approximately 1.9K downloads. Active user numbers also rose, starting at 274 in April and reaching over 1K by the end of June.
The Trading app by Capital.com maintained a consistent download rate, with weekly downloads ranging from 600 to 800. Weekly active users also showed a steady increase, starting at 1.6K in April and peaking at over 2K by mid-June.
These insights provide a snapshot of the competitive landscape for investing and financial management apps in Kuwait during Q2 2024. For more detailed data and trends, visit Sensor Tower.