AI Insights · Timothy · October 2022
Top 5 Finance Apps on iOS in the Middle East: Q3 2022 Performance
Explore the performance trends of the top 5 finance apps on iOS in the Middle East during Q3 2022, including download rates and active user statistics.
In the third quarter of 2022, the top 5 finance apps on iOS in the Middle East showed varied performance trends in terms of downloads and active users. Here's a detailed look at how these apps fared, based on data from Sensor Tower.
AlRajhi Mobile experienced a fluctuating download trend throughout the quarter. Starting with approximately 48K downloads in late June, the app saw a dip to around 28K in mid-July, followed by a peak of about 82K in late August. Weekly active users showed a slight decline from 2.7M in late June to around 2.5M in mid-July, but recovered to approximately 2.7M by the end of September.
SNB Mobile saw significant growth in downloads and active users. Downloads surged from about 10K in late June to a high of approximately 108K in mid-September. Weekly active users followed a similar trend, increasing from around 30K in late June to nearly 196K by the end of September.
stc pay maintained a relatively stable download rate, with minor fluctuations. Downloads started at around 33K in late June and peaked at about 41K by the end of September. Active user numbers were steady, starting at approximately 266K in late June and reaching around 311K by the end of September.
urpay showed notable fluctuations in downloads. The app started with approximately 22K downloads in late June, peaked at around 68K in mid-July, and ended the quarter with about 46K downloads in late September. Active users saw a steady increase from around 202K in late June to approximately 329K by the end of September.
SNB AlAhli Mobile had a consistent download rate with minor variations. Downloads ranged from around 14K to 27K throughout the quarter. Active users began at approximately 575K in late June, dipped to around 454K in mid-September, and then rose to about 511K by the end of the quarter.
These performance trends highlight the dynamic nature of the finance app market in the Middle East. For more detailed insights and data, visit Sensor Tower.