AI Insights · Timothy · October 2021
Top 5 Consumer Finance Apps in Egypt Q3 2021
Discover the performance of the top 5 consumer finance apps on a unified platform in Egypt during Q3 2021, including trends in downloads and active users.
In the third quarter of 2021, the top 5 consumer finance applications in Egypt showed diverse trends in weekly downloads and active users, according to Sensor Tower data.
NBE Mobile saw a fluctuating trend in weekly downloads, peaking at approximately 26K in early August and dipping to around 13K in mid-July. The app's weekly active users remained relatively stable, with minor fluctuations, ranging from 153K to 177K throughout the quarter.
BM Online experienced a significant spike in weekly downloads in mid-July, reaching about 46K. However, downloads dropped to around 8K by mid-September. Weekly active users saw a slight increase, peaking at 179K in mid-July before stabilizing around 160K by the end of September.
CIB Egypt Mobile Banking had a relatively stable download rate, averaging around 9K per week, with a slight dip in mid-September to about 5.7K. The app's weekly active users remained consistent, fluctuating between 147K and 184K during the quarter.
QNB Egypt Mobile Banking showed a steady download rate, with a peak of approximately 6.5K in late July and a low of around 2.7K in mid-July. Weekly active users exhibited a steady pattern, ranging from 47K to 57K throughout the period.
BDC Mobile Banking had a consistent download rate, with a notable spike to about 4.9K in late August. The app's weekly active users ranged from 13K to 19K, showing stability with a slight increase towards the end of the quarter.
For more detailed insights and data, visit Sensor Tower.
