AI Insights · Timothy · April 2022
Top 5 Finance Apps in Saudi Arabia - Q1 2022 Performance
In Q1 2022, the top 5 finance apps in Saudi Arabia showed varied trends in downloads and active users. Discover how each app performed over the quarter.
In the first quarter of 2022, the top 5 finance apps in Saudi Arabia exhibited diverse performance trends in terms of downloads and active users. Here’s a closer look at how these apps fared over the quarter.
AlRajhi Mobile saw a consistent performance in weekly downloads, fluctuating between approximately 78K and 105K. The app peaked at 105.5K downloads in the week of February 28. Active users remained relatively stable, starting at 3.68M in late December and ending at around 3.78M by the end of March.
stc pay experienced a peak in weekly downloads at 87K during the week of January 31. The downloads then ranged from approximately 60K to 80K for the rest of the quarter. The app's active user base started at 582K and showed a slight increase, ending the quarter at around 594K.
urpay, a relatively new entrant, demonstrated a notable growth in weekly downloads, peaking at 140K in the week of January 31. The app's active users also showed an upward trend, starting from 911 in mid-January and reaching approximately 226K by the end of March.
SNB AlAhli Mobile maintained a steady download rate, with weekly downloads ranging from 41K to 60K. The app saw an increase in active users, starting from 1.12M in late December and growing to around 1.16M by the end of March.
Alinma Bank exhibited a consistent download trend, with weekly downloads fluctuating between 15K and 25K. The app’s active users showed a gradual increase, starting at 321K in late December and reaching approximately 341K by the end of March.
These insights are derived from Sensor Tower data, providing a comprehensive look at the performance of top finance apps in Saudi Arabia. For more in-depth analysis, visit Sensor Tower.
