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AI Insights · Timothy · October 2021

Top 5 Finance Apps on Android in Egypt Q3 2021

The third quarter of 2021 saw notable trends in downloads and active users among the top finance apps in Egypt on the Android platform.

Top 5 Finance Apps on Android in Egypt Q3 2021

The third quarter of 2021 saw notable trends in downloads and active users among the top finance apps in Egypt on the Android platform. Here’s a breakdown of the performance of the leading finance applications during this period, based on data from Sensor Tower.

Lucky ONE experienced a significant increase in weekly downloads, starting at 45.5K at the end of June and peaking at around 60.9K by the last week of September. Weekly active users also saw a positive trend, growing from 174.8K to over 208K by the end of the quarter.

myfawry had a varied performance in weekly downloads, with a high of 39.8K in late August and a low of 13.7K at the end of September. Active users fluctuated throughout the quarter, reaching a peak of 310K in late August before dropping to 248.6K by the end of September.

وفرها - Waffarha saw a considerable rise in weekly downloads, with notable peaks in mid-July at 37.9K and early September at 34.9K. Active users showed a steady increase, starting at 42.4K at the end of June and reaching 94.3K by mid-September, before a slight decline to 76.3K at the end of the quarter.

Halan: Lending, BNPL, Payments had a notable spike in weekly downloads in early August, hitting 27.5K, and again in mid-September, reaching 37.4K. Active users mirrored this trend, climbing from 56.6K at the end of June to a peak of 79.8K in mid-August, before settling at 52.7K by the end of September.

NBE Mobile maintained a consistent download rate, with a high of 22.5K in early August and a low of 11.2K in mid-July. Active users showed steady growth throughout the quarter, starting at 122.3K at the end of June and rising to 134.2K by the end of September.

These trends highlight the dynamic nature of the finance app market in Egypt, with fluctuations in user engagement and downloads. For more detailed insights and data, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2021