AI Insights · Timothy · January 2022
Top 5 Consumer Finance Apps in Saudi Arabia Q4 2021
In Q4 2021, the top 5 consumer finance apps in Saudi Arabia experienced varied trends in weekly downloads and active users, with some apps showing significant growth.
During the fourth quarter of 2021, the top 5 consumer finance apps in Saudi Arabia demonstrated a range of performance metrics in terms of weekly downloads and active users, according to data from Sensor Tower.
alrajhi bank saw a variable trend in weekly downloads. The app peaked at 131.7K downloads in the week of November 15, with fluctuations throughout the quarter, ending with 97.2K downloads in the final week of December. Weekly active users for the app hovered around the 3.5M mark, ending the quarter at approximately 3.7M.
SNB AlAhli Mobile experienced a more stable download pattern, with a peak of 73.3K downloads at the start of the quarter and a slight dip followed by a recovery to 56.3K downloads in the last week of December. Active user numbers showed a consistent upward trend, starting at 1.05M and reaching around 1.13M by the end of December.
Alinma Bank reported an overall steady performance with weekly downloads fluctuating between 14.6K and 24.9K. The app saw a peak of 23.9K downloads in the week of November 29. Active users remained relatively stable, starting at 331K and closing the quarter at approximately 322K.
Riyad Bank Mobile had a less consistent performance in terms of downloads, with figures ranging from 13.2K to 31.6K throughout the quarter. The app ended December with around 16.3K downloads. Active users for Riyad Bank Mobile demonstrated resilience, starting at 297K and ending the quarter at approximately 275K.
Tahweel Al Rajhi KSA showed a modest performance with weekly downloads varying between 7.4K and 13.8K, peaking in the week of November 1. The number of active users for this app began at 38K and closed the quarter at around 41.6K.
For more detailed insights and trends, visit Sensor Tower.
