AI Insights · Timothy · July 2022
Top 5 Consumer Finance Apps on Android in Egypt in Q2 2022
Discover the performance trends of the top 5 consumer finance apps on Android in Egypt during Q2 2022, including downloads, revenue, and active user metrics.
In the second quarter of 2022, the top consumer finance apps on the Android platform in Egypt showed varied performance trends in terms of downloads and active user engagement. Below is an analysis of the top 5 apps based on data from Sensor Tower.
BM Online saw a notable decline in weekly downloads, starting from around 59.4K in late March and dropping to approximately 11.4K by the end of June. Active users also experienced fluctuations, peaking at about 229.5K in early April before gradually reducing to 169K by the end of the quarter.
NBE Mobile had a more stable download pattern, beginning at 52.7K weekly downloads in late March and ending at 17.7K by the end of June. Active users mirrored this stability, starting at 172.5K and slightly decreasing to 141.5K over the same period.
CashKateb exhibited a mixed trend in downloads, fluctuating between 11.8K and 8K throughout the quarter. Active users, however, showed a positive trend, growing from 6.2K in late March to about 12.7K by the end of June.
CIB Egypt Mobile Banking experienced a steady download rate, starting at 8.3K in late March and ending at 7.3K in late June. Active users saw a more dynamic trend, increasing from 148.5K to 172.1K over the quarter.
QNB Egypt Mobile Banking had a varied download trend, with numbers ranging from 6.4K to 6.1K. The app's active users also fluctuated, beginning at 68.3K in late March and rising to 74.2K by the end of June.
These insights provide a snapshot of the performance of the leading consumer finance apps in Egypt on the Android platform for Q2 2022. For a more comprehensive analysis and additional data, visit Sensor Tower.
