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In the third quarter of 2024, the top investing and financial management applications in Kenya demonstrated varied performance across key metrics such as downloads, revenue, and active users. This analysis is based on data from Sensor Tower, which provides deeper insights into app performance.
GoMining - Coin Mining App by YuccaDigital showed fluctuating weekly revenue, peaking at approximately $75 in early July. The downloads began strongly at 299 but dwindled significantly by the end of the quarter. Active users started at 524, with a noticeable decline, reaching 302 by the end of September.
Seeking Alpha: News & Analysis experienced a varied revenue pattern, starting at $37 and reaching $88 mid-July, before stabilizing around $31 by the end of September. The app had negligible downloads during the quarter and no data on active users.
Cryptomania —Trading Simulator from Edusystems OU saw a consistent increase in downloads, peaking at 36K in early September. Weekly revenue remained relatively stable, with minor fluctuations around $30. Active users also increased, peaking at 67K in early September before settling at 52K by the quarter's end.
Webull: Investing & Trading maintained steady revenue, mostly hovering around $25. Downloads fluctuated slightly, with a high of 173 in early August. Active users remained relatively stable, with a slight peak at 637 in late July and September.
CryptoTab Farm: Digital Gold by CryptoCompany OU saw a modest increase in revenue, peaking at $41 in late September. Downloads varied, with a notable increase to 177 in late August. Active users saw a gradual increase, reaching 139 in late September.
These insights reveal the dynamic nature of the investing and financial management app market in Kenya, highlighting the importance of monitoring trends for strategic decisions. For more detailed insights, Sensor Tower offers comprehensive data and analysis.