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AI Insights · Timothy · October 2022

Top 5 Finance Apps in the Middle East Q3 2022 Performance

Discover the performance trends of the top 5 finance apps in the Middle East for Q3 2022, including weekly downloads, revenue, and active users.

Top 5 Finance Apps in the Middle East Q3 2022 Performance

In the third quarter of 2022, the top finance applications in the Middle East showed interesting trends in terms of downloads and active users. Here’s a closer look at the performance of the leading apps according to data from Sensor Tower.

SNB Mobile saw a significant rise in weekly downloads, peaking at around 211K in the week of September 19. Active users increased from approximately 1.2M at the beginning of the quarter to 1.3M by the end of September.

AlRajhi Mobile maintained a steady download rate, with a notable peak of 143K downloads in the week of August 22. Active users fluctuated around 3.8M, ending the quarter at nearly 4M.

stc pay experienced consistent weekly downloads, culminating at 89K in the last week of September. Active users showed a gradual increase, reaching over 733K by the end of the quarter.

urpay had an impressive spike in downloads, with 102K in the week of July 18 and another peak of 80K at the end of September. Active users grew from around 360K to over 543K throughout the quarter.

Emkan Finance saw a significant increase in downloads, peaking at 87K in the week of September 12. Active users also rose notably, from roughly 111K to around 134K during the same period.

These insights, derived from Sensor Tower data, highlight the dynamic nature of the finance app market in the Middle East. For more detailed analytics and trends, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2022