AI Insights · Timothy · October 2021
Top 5 Consumer Finance Apps on iOS in Egypt Q3 2021
Discover the performance trends of the top five consumer finance apps in Egypt on the iOS platform during Q3 2021, based on Sensor Tower data.
In the third quarter of 2021, the top five consumer finance apps in Egypt saw varied performance trends on the iOS platform, as reported by Sensor Tower. Here's a closer look at each app's weekly downloads and active users.
NBE Mobile saw consistent weekly downloads, fluctuating between approximately 2.2K and 3.8K. The highest downloads were recorded in the week of July 12, with around 3.8K downloads. Weekly active users demonstrated a steady growth, starting at 40.2K at the end of June and rising to 42.9K by the end of September.
BM Online experienced its peak in weekly downloads during mid-July, reaching around 3.9K. The downloads then declined, hitting a low of approximately 1.1K by mid-September. Weekly active users showed some fluctuations but generally remained stable, averaging around 20.4K towards the end of the quarter.
CIB Egypt Mobile Banking had a stable download pattern, with weekly downloads ranging from 1.0K to 2.1K. The week of September 27th saw the highest downloads at approximately 2.1K. Active user numbers started at about 40.3K at the end of June, experiencing some variability but ultimately increasing to 36.9K by the end of September.
QNB Egypt Mobile Banking had a more modest download count compared to its peers, with weekly downloads ranging from 436 to 1.0K. The highest downloads were in the week of August 30, with around 1.0K downloads.
ALEXBANK Mobile Banking showed a gradual increase in weekly downloads throughout the quarter. Starting at 276 downloads at the end of June, the app reached a peak of 559 downloads by the week of August 23.
These insights highlight the dynamic nature of the consumer finance app market in Egypt. For more detailed insights and data, visit Sensor Tower.