AI Insights · Timothy · January 2023
Top 5 Consumer Finance Android Apps in Saudi Arabia, Q4 2022
A detailed look at the performance of the top 5 consumer finance apps on Android in Saudi Arabia during Q4 2022, based on data from Sensor Tower.
Throughout Q4 2022, the top 5 consumer finance apps on Android in Saudi Arabia exhibited diverse trends in downloads and active users. Here’s a closer look at their performance, based on Sensor Tower data.
SNB Mobile saw a notable fluctuation in weekly downloads, starting strong with over 50K downloads at the end of September and peaking at 88.8K in mid-October. By the end of December, downloads had declined to around 42K. Active users for SNB Mobile showed a consistent upward trend, reaching a high of approximately 205K by the end of November before settling at around 199K in the last week of December.
alrajhi bank maintained a steady download rate throughout the quarter. Weekly downloads hovered around 50K, with a peak of 61K at the end of September and a slight uptick to 49K by the end of December. Active users initially declined from 1.07M in late September to around 985K in mid-December but rebounded to approximately 1.06M by the end of the quarter.
SNB AlAhli Mobile experienced a decline in both downloads and active users. Weekly downloads fell from 34.8K at the end of September to zero by late November. Active users also saw a significant drop, starting at 518K and decreasing to around 99K by the end of December.
Alinma Bank reported relatively stable download numbers, with a slight rise in late October to 15K and ending the quarter at around 9.5K. Active users remained steady, fluctuating between 190K to 210K throughout the quarter, with a peak of approximately 212K in late October.
Tahweel Al Rajhi KSA showed varied download trends, peaking at 14.7K at the end of September and experiencing a low of 5.1K in mid-December, before rising slightly to 8.2K at the end of the quarter. Active users started at 43K in late September, dipped to around 29.6K by mid-December, and ended the quarter at approximately 35K.
For more detailed insights and trends, visit Sensor Tower.