Blog

AI Insights · Timothy · October 2024

Top 5 Finance Apps on Android in Portugal: Q3 2024 Performance

Explore the performance of the leading finance apps on Android in Portugal during Q3 2024, with insights on downloads and active users from Sensor Tower.

Top 5 Finance Apps on Android in Portugal: Q3 2024 Performance

In the third quarter of 2024, the top finance applications on the Android platform in Portugal showed varied performance patterns, according to data from Sensor Tower.

MB WAY, developed by SIBS FORWARD PAYMENT SOLUTIONS, saw a generally stable trend in weekly downloads, starting at around 14.2K in early July and closing the quarter with approximately 13.9K. The app's weekly active users fluctuated but ended the quarter on a high note, increasing from 358.7K at the start to 378.1K at the end.

Revolut: Spend, Save, Trade experienced a notable rise in weekly downloads, peaking at about 15.4K in mid-August before settling at around 12.6K by the end of September. The app's active user base showed a consistent increase, culminating in nearly 392.7K users by the last week of the quarter.

Google Wallet downloads peaked significantly in early September at 14.4K, with a steady increase in active users, reaching around 55K by the end of September. This reflects a growing interest in Google's financial services in Portugal.

Caixadirecta maintained a moderate download pace, with weekly numbers ranging from 3.8K to 7.2K. Its active user count saw fluctuations, starting at 359K and ending at approximately 342.5K, indicating a slight decrease over the quarter.

Trade Republic: Broker & Bank showed a gradual increase in both downloads and active users. Downloads were stable with a peak of 6.1K in late July, while active users rose from 14.6K to a notable 30.7K by the end of September.

These insights provide a snapshot of the dynamic landscape of finance applications in Portugal, with more detailed analysis available through Sensor Tower.


Sensor Tower's platform is an enterprise-level offering. Interested in learning more?


Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2024