AI Insights · Timothy · October 2021
Top 5 Finance Apps in Oman Q3 2021: Performance Overview
Discover the performance of the top 5 finance apps in Oman during Q3 2021, including trends in downloads, revenue, and active users.
In the third quarter of 2021, the top finance apps in Oman showcased varying trends in downloads, revenue, and user engagement. Here, we delve into the performance of the leading five apps based on data from Sensor Tower.
Bank Muscat Mobile Banking saw a progressive increase in weekly downloads, starting from approximately 6.7K in late June and peaking at around 9.5K by the end of September. The app also maintained a robust user base, with weekly active users growing from 141K to 146K over the quarter.
ONEIC Bill & Pay experienced fluctuations in weekly downloads but ended the quarter on a high note, rising from 3.4K in mid-August to about 6.4K in the last week of September. Active users also saw a notable increase, climbing from 8.8K to 12.4K during the same period.
Pay+ had a relatively stable performance in terms of weekly downloads, with figures hovering around the 2.3K mark throughout most of the quarter. A slight uptick was observed towards the end of September, reaching 3K downloads.
PayPal - Pay, Send, Save exhibited a declining trend in weekly downloads, dropping from 3.7K at the start of the quarter to 828 by the end. Despite this, the app maintained a steady number of active users, fluctuating around 23K.
Finally, Xtrade - Online Trading showed a significant drop in weekly downloads, from 3.6K in late June to just 231 by the end of September. Active user numbers also varied, peaking at 7.3K in late August before stabilizing around 4.4K towards the quarter's end.
These insights are derived from Sensor Tower data, where more detailed analytics and trends can be explored.