Top 5 Consumer Finance Apps in Egypt Q4 2022 Performance Overview

During the fourth quarter of 2022, the top 5 consumer finance apps in Egypt demonstrated various trends in weekly downloads and active users, as reported by Sensor Tower.

NBE Mobile showed a notable fluctuation in weekly downloads, starting at 68.9K in late September, dipping to around 42.4K in mid-December, and ending the quarter at 47.8K. Active users for this app saw a consistent rise from 543.8K to 706K by the end of December.

For BM Online, weekly downloads varied between 11.9K to 18.7K throughout the quarter. Active users started at 187.8K, experienced a dip to around 148.5K mid-quarter, and ended the year at a relatively stable 148.5K.

CashKateb experienced a significant drop in weekly downloads, from 20.5K in late October to just 1.8K by the end of December. Active users also followed a similar trend, peaking at 39.1K in mid-October and falling to 26.3K by the end of the quarter.

CIB Egypt Mobile Banking saw its weekly downloads range from 7.5K to 13.5K, with a peak in early October. Active users showed a general decline from 192.1K to 168.4K over the quarter.

Lastly, QNB Egypt Mobile Banking had weekly downloads fluctuating between 4.3K and 8.4K, ending the quarter strong. Active users showed a similar trend, starting at 73.2K and reaching 82.9K by the end of December.

These insights, sourced from Sensor Tower, underline the diverse performance trends of Egypt's leading consumer finance apps. For more detailed insights, visit Sensor Tower.