AI Insights · Timothy · April 2022
Top 5 iOS Consumer Finance Apps in Egypt: Q1 2022
Explore the performance of the top 5 consumer finance apps on the iOS platform in Egypt during Q1 2022, with insights on weekly downloads and active users.
In the first quarter of 2022, the top 5 consumer finance applications on the iOS platform in Egypt demonstrated varied performance in terms of weekly downloads and active users. The data, sourced from Sensor Tower, provides a detailed look into the trends for each app during this period.
NBE Mobile saw a steady increase in weekly downloads, starting from 3.6K in late December 2021 and reaching a peak of 9.1K in the week of March 21. The app maintained a healthy number of weekly active users, rising from 45K at the beginning of the quarter to about 53K by the end of March.
CIB Egypt Mobile Banking experienced fluctuations in its weekly downloads, beginning at 2.3K in late December and peaking at 2.8K in the final week of March. The weekly active users for this app showed a similar trend, starting at 37.6K and reaching a high of 43.7K in late February.
BM Online exhibited a consistent growth pattern in weekly downloads, starting from 1.6K in late December and peaking at 3.4K in the week of March 21. The app's weekly active users also saw an upward trend, increasing from 20.7K at the beginning of the quarter to approximately 24K by the end of March.
QNB Egypt Mobile Banking had a relatively stable performance in terms of weekly downloads, starting at 986 in late December and peaking at 1.6K in the week of February 28. The app maintained a modest presence in the market throughout the quarter.
ALEXBANK Mobile Banking showed more modest numbers in weekly downloads, beginning at 444 in late December and peaking at 506 in the week of February 21. Although the app had lower download numbers compared to others, it maintained consistency throughout the quarter.
These insights, based on Sensor Tower data, highlight the dynamic nature of the consumer finance app market in Egypt. For more detailed analysis and additional insights, visit Sensor Tower.