Top 5 Investing and Financial Management Apps in the Middle East in Q2 2022

The second quarter of 2022 witnessed notable trends in the performance of the top 5 investing and financial management applications in the Middle East. Here’s a detailed look at their metrics, based on data from Sensor Tower.

Binance: Buy Bitcoin & Crypto saw a fluctuation in weekly downloads, peaking at 57.7K in the week of May 9 and then steadily declining to 23.9K by the end of June. Weekly active users started at 283.2K at the beginning of April, saw an increase to 343.7K in early May, and then returned to 262.9K by the end of the quarter.

ExpertOption — Binary Options experienced a significant rise in downloads early in the quarter, reaching 24.3K in mid-April before dropping to around 14.5K by the end of June. The active user base started at 17.2K at the beginning of April, peaked at 28.8K in mid-April, and stabilized at around 21.6K by the end of June.

CoinMENA: Buy Bitcoin Now had a notable spike in downloads, reaching 38.1K in mid-April, followed by a decline to 6.1K by the end of June. Active users mirrored this trend, starting at 14.3K at the end of March, peaking at 29.9K in mid-April, and concluding the quarter at 16.4K.

Circlys | سيركليز showed a substantial increase in downloads towards the end of the quarter, with a peak of 56.5K in the last week of June. Active users also saw a significant increase, starting at 20.7K at the end of March and reaching 58.5K by the end of June.

Al Rajhi Tadawul - Mobile maintained a relatively steady download rate throughout the quarter, starting at 18.1K in late March and ending at 9K by the end of June. Active users remained consistent, beginning at 54.3K at the end of March and concluding the quarter at 52.7K.

These trends highlight the dynamic nature of user engagement and app performance in the financial management sector in the Middle East. For more detailed insights and analytics, visit Sensor Tower.