AI Insights · Timothy · April 2022
Top 5 Investing and Financial Management Apps on iOS in the Middle East: Q1 2022
Explore the performance of the top five investing and financial management apps on iOS in the Middle East during Q1 2022, with insights on downloads, revenue, and active users.
During the first quarter of 2022, the Middle East saw notable activity in the investing and financial management app sector on the iOS platform. Here, we delve into the performance of the top five apps: Binance: Buy Bitcoin & Crypto, Al Rajhi Tadawul - Mobile, CoinMENA: Buy Bitcoin Now, Circlys | سيركليز, and Stock investing - Capital.com. The data, sourced from Sensor Tower, highlights trends in weekly downloads, revenue, and active users.
Binance: Buy Bitcoin & Crypto maintained a consistent level of weekly downloads throughout the quarter, with figures ranging from approximately 12K to 24K. The highest number of downloads was observed in the week of January 17, reaching around 24.7K. Active users showed a slight fluctuation, starting at 136.7K at the beginning of January and ending at 121.6K by the end of March.
Al Rajhi Tadawul - Mobile had a significant increase in weekly downloads, starting from 4.7K in late December and peaking at 13.2K in early March. The app also experienced a steady rise in active users, growing from 37.5K at the end of December to 48.2K in early March, before stabilizing around 43.6K by the end of the quarter.
CoinMENA: Buy Bitcoin Now saw a varied download pattern, with a notable peak of 15.7K in the week of January 24. Active users also showed some variation, beginning at 6.9K at the end of December and reaching a high of 12.3K in late January, before settling at around 9K by the end of March.
Circlys | سيركليز experienced a strong increase in downloads, particularly in late February and March, with numbers peaking at around 13.9K and 12.9K respectively. Active users followed a similar trend, increasing from 9.9K at the end of December to approximately 20.7K by the end of March.
Lastly, Stock investing - Capital.com witnessed a significant spike in downloads in late February, reaching around 11.6K. Active users also saw an upward trend, starting from 5.8K at the end of December and peaking at approximately 10.9K in late February, before slightly declining to around 5.7K by the end of March.
For more detailed insights into the performance of these apps and other market trends, visit Sensor Tower.
