State of AI 2026 Report Is Live!

Blog

AI Insights · Timothy · April 2022

Top 5 Consumer Finance Apps on Android in UAE, Q1 2022

Explore the performance of the top 5 consumer finance apps on the Android platform in the UAE during Q1 2022, based on data from Sensor Tower.

Top 5 Consumer Finance Apps on Android in UAE, Q1 2022

In the first quarter of 2022, the top 5 consumer finance applications on the Android platform in the United Arab Emirates showcased varied performance in terms of downloads, revenue, and active users. Here’s a closer look at each app's performance metrics, sourced from Sensor Tower.

Automated Expense Tracker from FinArt - Expense Tracker experienced fluctuations in both revenue and downloads. Weekly revenue peaked at around $196 in the first week of January, with a low of approximately $95 in the third week of March. Downloads showed an upward trend towards the end of the quarter, reaching a high of 154 in the last week of March. Active users saw a slight decline from 3.2K at the end of December to approximately 2.9K by the end of March.

Wallet: Budget Expense Tracker by BudgetBakers maintained relatively steady performance throughout the quarter. Weekly revenue ranged from $83 to $252, with the highest revenue recorded at the end of December. Downloads peaked at 276 in the last week of January, and active users saw a gradual increase, reaching 990 by the end of March.

Spendee Budget & Money Tracker from SPENDEE a.s. saw consistent but modest performance in revenue, with weekly figures fluctuating between $59 and $128. Downloads were minimal, with notable increases only at the end of February and March. Active users remained low, peaking at 34 at the beginning of January and dropping to 21 by the end of March.

Monefy - Budget & Expenses app by Reflective Technologies displayed consistent revenue generation, with weekly revenue ranging from $41 to $129. Downloads showed a stable pattern, peaking at 239 in the last week of December and remaining above 100 for most of the quarter. Active users remained relatively stable, hovering around 300 throughout Q1.

Toshl Finance - budget manager by Toshl Inc. had variable performance in terms of revenue and downloads. Weekly revenue saw significant fluctuations, with highs of $147 in the last week of January and lows of $12 in the third week of March. Downloads were sporadic, peaking at 65 at the end of January. Active users remained fairly consistent, ranging from 82 to 108 throughout the quarter.

For more detailed insights and data on the performance of these apps and others, visit Sensor Tower.


Sensor Tower's platform is an enterprise-level offering. Interested in learning more?


Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2022