AI Insights · Timothy · October 2022
Top 5 Consumer Finance Apps on iOS in Egypt Q3 2022
Explore the performance of the leading consumer finance apps on iOS in Egypt during Q3 2022, highlighting trends in downloads and active users.
In the third quarter of 2022, the top consumer finance apps on the iOS platform in Egypt demonstrated varying trends in downloads and active users. Here’s a closer look at the performance of the top 5 apps based on the data from Sensor Tower.
NBE Mobile saw a significant surge in weekly downloads at the beginning of August, reaching a peak of approximately 73K in the week of August 8. This was followed by a gradual decline, ending the quarter with around 12K downloads in the last week of September. The app also experienced a notable increase in weekly active users, starting at 20K in early August and peaking at 141K by the end of the month. Although there was a slight dip in September, the app closed the quarter with 137K active users.
BM Online maintained a steady download rate throughout the quarter, with weekly downloads fluctuating between 2K and 3K. The highest number of downloads was recorded in the last week of September at approximately 2.8K. In terms of active users, the app showed stable engagement, starting the quarter with 24K and ending with 24K, with minor variations in between.
CIB Egypt Mobile Banking experienced consistent weekly downloads ranging from 1.3K to 2.8K. The highest downloads were noted in the last week of September at around 2.8K. The app’s active user base saw a slight increase from 47K in late June to 41K by the end of September, with some fluctuations throughout the quarter.
Another version of NBE Mobile also showed a steady download trend, peaking at around 3.9K in early July, and then gradually declining to approximately 2.9K by early August. Active users for this version started at 52K in late June and experienced a gradual decline to 43K by the end of September.
QNB Egypt Mobile Banking had lower download numbers compared to the others, with weekly downloads ranging from 460 to 1.5K. The highest download count was in the last week of September at around 1.2K. Unfortunately, active user data for this app was not available.
These insights demonstrate the varying levels of engagement and user acquisition among the leading consumer finance apps in Egypt. For more detailed insights and data, visit Sensor Tower.
