AI Insights · Timothy · April 2022
Top 5 Investing and Financial Management Apps on Android in Saudi Arabia for Q1 2022
Analyzing the performance of the top 5 investing and financial management apps on the Android platform in Saudi Arabia during Q1 2022, based on data from Sensor Tower.
Top 5 Investing and Financial Management Apps on Android in Saudi Arabia for Q1 2022
In the first quarter of 2022, the top five investing and financial management apps on the Android platform in Saudi Arabia showed varied performance in terms of downloads, revenue, and active users. Here is a closer look at how these apps fared according to Sensor Tower data.
Evest Mobile Trading Online
Throughout Q1 2022, weekly downloads for Evest Mobile Trading Online fluctuated, starting at around 17K in late December and dropping to about 4K by the end of March. The app saw a peak of approximately 10K downloads in early February. Active users mirrored this trend, beginning with around 14K and ending at roughly 6.6K. Despite these fluctuations, the app did not generate any revenue during this period.
Investing.com: Stock Market
Investing.com: Stock Market experienced a steady increase in weekly revenue, peaking at about $795 in late February. Weekly downloads saw a decline from approximately 10K at the start of January to just over 1K by the end of March. Active users also decreased, moving from around 115K in early January to approximately 63K by the end of the quarter.
ExpertOption - Mobile Trading
For ExpertOption - Mobile Trading, weekly downloads showed a downward trend, starting at about 5.8K in late December and ending at around 6.4K in late March. Active users followed a similar pattern, beginning with around 9.1K and ending with approximately 9.2K. Like Evest, this app did not generate any revenue during Q1 2022.
Binance: Buy Bitcoin & Crypto
Binance: Buy Bitcoin & Crypto maintained a relatively stable number of downloads per week, ranging from around 4K to 6.8K throughout the quarter. Active users showed minor fluctuations, starting at approximately 36K and ending at about 31K. The app did not report any revenue during this period.
Rain: Buy & Sell Bitcoin
Rain: Buy & Sell Bitcoin experienced a steady number of weekly downloads, varying between 2.3K and 5.4K. Active users showed a more stable trend, starting at around 12K and ending at approximately 11.6K. Similar to the other apps, Rain did not generate any revenue during the first quarter.
For more detailed insights and data, visit Sensor Tower.