AI Insights · Timothy · April 2022
Top 5 Consumer Finance Android Apps in Egypt Q1 2022
In Q1 2022, the top 5 consumer finance apps in Egypt saw varied trends in downloads and active users. Notable increases were observed in apps like NBE Mobile and BM Online.
The first quarter of 2022 saw interesting trends for the top 5 consumer finance applications on the Android platform in Egypt. Here's a closer look at their performance based on Sensor Tower data.
NBE Mobile from National Bank of Egypt exhibited substantial growth in weekly downloads, peaking at 58.2K in the week of March 21. Active user numbers also surged, reaching approximately 181K by late March.
BM Online by Banque Misr experienced a significant rise in downloads, with a notable peak of 59.4K in the final week of March. Active users also increased steadily, culminating at around 205.7K towards the end of the quarter.
CIB Egypt Mobile Banking maintained steady download numbers throughout the quarter, with weekly downloads ranging from 5.2K to 8.3K. Active users peaked at around 160.8K in late February before stabilizing around 148.5K by the end of March.
QNB Egypt Mobile Banking saw a consistent weekly download pattern, reaching a high of 6.4K in the final week of March. Active users showed a positive trend, peaking at approximately 68.3K by the end of the quarter.
Lastly, ALEXBANK Mobile Banking displayed moderate growth in downloads, with numbers fluctuating between 1.8K to 2.6K weekly. Active users increased gradually, peaking at around 48.6K in the last week of March.
For more detailed insights and trends on these apps, visit Sensor Tower.