AI Insights · Timothy · July 2022
Top 5 Finance Apps in Saudi Arabia Q2 2022 Performance
Discover the performance trends of the top finance apps in Saudi Arabia during Q2 2022, based on data from Sensor Tower.
In the second quarter of 2022, the top five finance apps in Saudi Arabia demonstrated varying trends in weekly downloads and active users. This analysis, based on data from Sensor Tower, provides an overview of the performance of these apps.
AlRajhi Mobile saw a dynamic quarter with weekly downloads fluctuating between 66K and 102K. Notably, downloads peaked at around 102K in the week of May 23. The app maintained a high level of weekly active users, ranging from 3.5M to 3.9M, with a peak of approximately 3.9M in the final week of June.
urpay experienced significant growth, particularly in weekly downloads, which surged from 32K to 143K. The highest download rate was recorded in the week of June 13. Weekly active users also increased, peaking at roughly 473K in mid-June before experiencing a slight decline to 357K by the end of the quarter.
stc pay maintained a consistent download rate, with weekly numbers ranging from 58K to 110K. The most notable increase was seen in the week of May 2, reaching 110K downloads. Active users saw a peak of about 694K in late April, with numbers stabilizing around 615K by the end of June.
SNB AlAhli Mobile had weekly downloads between 34K and 80K, with the highest downloads recorded in the last week of June. The app's active users fluctuated between 1M and 1.2M, peaking at approximately 1.2M in the final week of June.
Emkan Finance displayed steady growth in weekly downloads, ranging from 26K to 67K. The peak download week was May 16, with 67K downloads. Active users also saw an upward trend, peaking at around 127K in mid-May.
For more detailed insights and data on app performance, visit Sensor Tower.