Top 5 Personal Finance Budgeting and Planning Apps on Android in UAE Q3 2022

In the third quarter of 2022, the landscape of personal finance budgeting and planning applications on the Android platform in the United Arab Emirates showcased diverse trends in weekly downloads, revenue, and active users. The following analysis provides insights into the performance of the top five apps in this category, based on data from Sensor Tower.

MySalary - Manage your money from Edenred UAE saw its weekly downloads fluctuate throughout the quarter. Starting with 1.5K downloads at the end of June, the app experienced slight declines and peaks, with a notable increase to 1.6K downloads by the end of August. The quarter closed with downloads stabilizing around 1.4K.

Splitwise demonstrated a consistent performance in weekly revenue, peaking at $111 in late July and maintaining a steady range between $39 and $95 for the remainder of the quarter. Weekly downloads for Splitwise also showed a positive trend, reaching a peak of 1.2K in late August, although there was a drop to around 641 by the end of September. Active users saw an overall upward trend, starting from 4.1K and peaking at nearly 5K by the end of August before slightly declining to 4.3K by the end of September.

ADCB MoneyBuddy, developed by Abu Dhabi Commercial Bank, experienced a decline in weekly downloads throughout the quarter. Beginning at 938 downloads in the first week of July, the numbers gradually decreased, ending the quarter with 482 downloads in the last week of September.

FH Personal from Finance House had a varied download trend. Starting at 746 downloads at the end of June, the app saw a significant decrease to 334 downloads by mid-July, followed by a gradual recovery. By the end of September, weekly downloads reached 614, indicating a positive upward trend towards the end of the quarter.

Wallet: Budget Expense Tracker from BudgetBakers showed impressive weekly revenue figures, peaking at $173 in late June and maintaining a steady range between $91 and $167 for the rest of the quarter. Weekly downloads fluctuated slightly, peaking at 406 in late August and ending the quarter at 310. Active users for Wallet: Budget Expense Tracker demonstrated a steady increase, starting from 1.2K and reaching 1.3K by the end of September.

For more detailed insights and data on these applications, visit Sensor Tower. The performance trends observed in Q3 2022 highlight the dynamic nature of the personal finance app market in the UAE.