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AI Insights · Timothy · October 2024

Top 5 Investing and Financial Management Apps in El Salvador Q3 2024

Explore the performance trends of the leading investing and financial management apps in El Salvador for Q3 2024, with insights into downloads and active users.

Top 5 Investing and Financial Management Apps in El Salvador Q3 2024

During the third quarter of 2024, several top investing and financial management applications demonstrated notable trends in El Salvador. This analysis, based on data from Sensor Tower, highlights the performance of the top five apps in this category.

Chivo Wallet, developed by the Gobierno de El Salvador, saw weekly downloads fluctuate between approximately 3.9K and 5.5K. The app maintained a strong user base with weekly active users ranging from 367K to over 413K, showcasing a generally stable trend throughout the quarter.

MultiMoney: Créditos y ahorro, by Akros Technologies S.A, experienced a varied download trend with peaks reaching over 2K in mid-July and early September. The app did not report any revenue during this period.

Binance: Buy Bitcoin & Crypto consistently engaged users, with weekly downloads ranging from 640 to 1.1K. Active users remained robust, hovering around 58K to 64K, reflecting a stable user interest in cryptocurrency trading.

Cryptomania —Trading Simulator, from Edusystems OU, saw modest revenue peaks, with the highest being $9 in mid-July. Downloads exhibited a downward trend, starting at 931 and settling around 354 by the end of September. Active users decreased from 4.8K to 3.4K over the quarter.

Investments - Capital.com showed a significant increase in downloads in early August with a peak of 949, while active users peaked at 1.4K in mid-September. This app did not generate revenue during the observed period.

For more detailed insights into the performance of these applications, Sensor Tower offers comprehensive analytics and data.


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


Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2024