Top 5 Consumer Finance Apps in Saudi Arabia Q4 2022 Performance

The top five consumer finance apps in Saudi Arabia during the fourth quarter of 2022 showed varied performance in terms of downloads and active users. Below is a detailed look at their metrics, based on data from Sensor Tower.

SNB Mobile experienced strong download numbers throughout the quarter. Weekly downloads peaked at approximately 342K in late October, followed by a gradual decline, ending the year with around 90K in the last week of December. Active users started at 1.3M at the beginning of the quarter and saw a decline, reaching around 838K by the end of December.

AlRajhi Mobile saw its weekly downloads fluctuate, peaking at around 101K in late October and ending December with approximately 89K. Active users remained relatively stable with a slight decline, starting at 3.9M and ending at approximately 3.9M by the last week of December.

Alinma Bank showed a consistent download trend, peaking at around 32K in late September and maintaining an average of 20K to 22K downloads per week towards the end of the quarter. Active users remained stable, fluctuating between 400K and 425K throughout the quarter.

Riyad Bank Mobile had a more modest performance in downloads, with weekly numbers peaking at around 22K in late October and ending the year with about 14K. Active users started at approximately 298K and showed minor fluctuations, ending December with around 292K.

SNB eCorp had lower download numbers compared to the other apps, with weekly downloads peaking at around 13K in late November. Active users started at around 28K and showed steady growth, peaking at approximately 34K in early December before stabilizing around 30K by the end of the month.

These insights are based on data from Sensor Tower. For more detailed analytics and insights, visit Sensor Tower.