AI Insights · Timothy · July 2022
Top 5 Consumer Finance Apps in UAE Q2 2022
In Q2 2022, the top 5 consumer finance apps in the UAE showed varied performance in weekly downloads and active users, with no reported revenue.
In Q2 2022, the top 5 consumer finance apps in the United Arab Emirates demonstrated diverse trends in weekly downloads and active users, according to Sensor Tower data. Here's a closer look at their performance on a unified platform:
CBD - Instant digital banking saw its weekly downloads fluctuate, hitting a peak of 20.4K in the week of June 20. Active users also increased, reaching around 93.2K in late June.
ADCB maintained steady downloads with a notable rise to 12.4K in the final week of June. Active users consistently grew, peaking at approximately 152.7K at the end of the quarter.
Al Hilal Digital experienced a varied download trend, with a high of 19.9K at the start of the quarter and 11.6K in the last week of June. Active users showed an upward trend, reaching nearly 39.9K by the end of the quarter.
FAB Mobile Banking had a significant spike in downloads in mid-June, hitting 24.9K. Active users also saw growth, reaching about 137.1K during the same period.
Emirates NBD showed stable download numbers, with a slight increase to 9.8K in the last week of June. Active users remained strong, peaking at around 110.8K in late May.
These insights are sourced from Sensor Tower, offering a detailed view of the app market in the UAE for Q2 2022. For more in-depth analysis, visit Sensor Tower.