Top 5 Finance Apps on Android in Saudi Arabia for Q4 2022

During the fourth quarter of 2022, the top 5 finance apps on the Android platform in Saudi Arabia displayed varying performance trends in terms of downloads, active users, and revenue. Below is a closer look at each app's performance.

SNB Mobile saw a notable fluctuation in its weekly downloads, peaking at approximately 88.8K in mid-October before gradually declining to around 42.1K by the end of December. Active users, however, demonstrated a relatively stable trend, starting at 109K and increasing to a peak of 205K in late November, closing the quarter at 199K.

alrajhi bank had a somewhat consistent weekly download rate, ranging from 39.0K to 61.0K. The app's active user base showed minor fluctuations, starting with 1.08M users and ending the quarter at 1.06M, with a peak of 1.10M in late October.

stc pay experienced a steady decline in weekly downloads from 47.4K at the beginning of the quarter to about 36.9K by the end. Active users mirrored this trend, beginning at 416K and ending at 379K, with a noticeable dip to 341K in early November before recovering.

urpay exhibited a varied download pattern, peaking at 58.4K in late November but dropping significantly to 19.8K by the end of December. Active users initially increased from 212K to a high of 283K in late November, before declining to 268K at the end of the quarter.

Mobily Pay showed a sharp rise in downloads, peaking at 56.4K in mid-October, followed by a decline to 15.4K by the end of December. The active user base grew from 4.2K to 65.5K in late October and settled at around 56.2K by the end of the quarter.

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