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AI Insights · Timothy · July 2021

Top 5 Finance Apps in Kuwait Q2 2021 Performance Overview

In Q2 2021, the top 5 finance apps in Kuwait showed varied trends in downloads and active users, with some apps experiencing significant growth.

Top 5 Finance Apps in Kuwait Q2 2021 Performance Overview

In the second quarter of 2021, the performance of the top 5 finance applications in Kuwait, based on data from Sensor Tower, exhibited diverse trends in weekly downloads and active users. Here’s a closer look at how each app performed on a unified platform:

Binance: Buy Bitcoin & Crypto saw a notable fluctuation in downloads. Starting at around 1.7K downloads in late March, the app peaked at 4.9K in early May before gradually declining to about 825 by the end of June. Weekly active users for Binance increased steadily, beginning at 9.8K and reaching approximately 18.5K by the end of the quarter.

Al Mulla Exchange experienced a consistent trend in downloads, starting at 1.9K in late March and peaking at 3.4K in late April. The app maintained a steady level of active users, beginning at 12K and ending the quarter at around 11.9K.

KFH Online displayed stable download numbers, ranging between 1.6K and 3.2K throughout the quarter. The app had a robust user base with active users ranging from 41.2K to 43.6K, showing slight growth towards the end of June.

NBK Mobile Banking downloads fluctuated between 1.6K and 2.6K, with a notable peak in late April. Active users for NBK Mobile Banking remained relatively stable, ranging from 35.8K to 39.5K, with a slight increase observed towards the end of June.

PayPal - Pay, Send, Save saw a steady increase in downloads, starting at 1.6K in late March and reaching a peak of about 2.4K in mid-June. The app’s active user base also showed growth, starting at 26.5K and peaking at around 29.6K in mid-June before slightly declining to 29.2K by the end of the quarter.

For more detailed insights and trends, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2021