AI Insights · Timothy · October 2022
Top 5 Consumer Finance Apps on Android in Egypt: Q3 2022
In Q3 2022, the top 5 Consumer Finance apps in Egypt showed varying trends in downloads and active users. Discover the performance highlights of these apps.
Throughout the third quarter of 2022, the top 5 Consumer Finance applications on the Android platform in Egypt exhibited diverse trends in weekly downloads and active users. Below is a detailed overview of each app's performance.
NBE Mobile from the National Bank of Egypt saw significant fluctuations in weekly downloads. Starting with 56.7K downloads in the first week of August, it peaked at 229.8K in the week of August 8 before gradually declining to 56.7K by the end of September. The app's active users steadily increased, starting from 52.2K in early August and reaching 407.1K by the end of September.
CashKateb from Cassbana B.V. experienced varied download trends. It began with 4.8K downloads in early August, saw a significant rise to 33.3K in mid-September, and then dropped to 3.6K by the end of the month. Active users followed a similar pattern, starting from 15.6K in early August, peaking at 40.2K in mid-September, and decreasing to 20.3K by the end of the quarter.
BM Online by Banque Misr maintained a more consistent download rate throughout the quarter. Weekly downloads hovered around the 11K to 13K mark, with minor variations. Active users showed a slight decline, beginning at 169K in late June and ending at 163.6K by the end of September.
CIB Egypt Mobile Banking from CIB Egypt also displayed stability in its weekly downloads, generally ranging between 6K and 7K. The active users metric fluctuated, starting at 172K in late June, dipping to 134.7K in mid-September, and rising slightly to 151K by the end of the quarter.
The other NBE Mobile app, also from the National Bank of Egypt, showed a gradual decline in weekly downloads from 17.7K in late June to 6.5K in early August. Active users started at 141.5K in late June, slightly fluctuating throughout the quarter, and reaching 119K by the end of September.
These insights into the performance of the top Consumer Finance apps in Egypt for Q3 2022 are based on data from Sensor Tower. For more detailed analytics and trends, visit Sensor Tower.
