AI Insights · Timothy · January 2022
Top 5 Finance Apps in Saudi Arabia Q4 2021: Unified Platform Performance
Discover the performance trends of the top 5 finance apps in Saudi Arabia during Q4 2021, including weekly downloads and active users, based on Sensor Tower data.
In the fourth quarter of 2021, the finance app landscape in Saudi Arabia saw significant activity across the top five apps: AlRajhi Mobile, stc pay, SNB AlAhli Mobile, Binance: Buy Bitcoin & Crypto, and Alinma Bank. This analysis, based on Sensor Tower data, provides insights into their weekly downloads and active users.
AlRajhi Mobile saw a varied trend in weekly downloads, peaking at approximately 131.7K in mid-November. The app's downloads fluctuated but ended the quarter strong with about 97.2K in the last week of December. Active users showed a slight decline early in the quarter but rebounded towards the end, closing the year with around 3.7M active users.
stc pay maintained a steady download rate throughout the quarter, with a peak of around 69.1K in late November. The app's active users exhibited growth, particularly in November, reaching a high of approximately 671.7K before stabilizing around 582.7K by the end of December.
SNB AlAhli Mobile experienced moderate fluctuations in weekly downloads, peaking at roughly 63.6K in late October. Active users increased steadily, peaking at about 1.15M at the end of November and maintaining a similar level through December.
For Binance: Buy Bitcoin & Crypto, weekly downloads peaked at approximately 33.1K in early November. The app's active users showed a consistent upward trend, reaching a high of around 105.7K at the end of November before slightly declining to about 95.1K by the end of December.
Alinma Bank saw a steady download rate, peaking at around 24K in late November. Active users remained relatively stable throughout the quarter, ending December with approximately 321.8K active users.
These insights provide a snapshot of the performance trends for the top finance apps in Saudi Arabia during Q4 2021. For more detailed analysis and data, visit Sensor Tower.