AI Insights · Timothy · January 2023
Top 5 Finance Apps Performance on Unified Platform in Middle East Q4 2022
Discover the performance trends of the top 5 finance apps in the Middle East during Q4 2022, including weekly downloads and active user metrics.
The final quarter of 2022 showcased significant trends in the performance of the top 5 finance apps in the Middle East. The data, sourced from Sensor Tower, provides insights into weekly downloads and active user metrics for these leading applications.
SNB Mobile, published by The Saudi National Bank, experienced fluctuating weekly downloads. Downloads peaked at approximately 344K in the week of October 24 but saw a decline to around 90K by the end of December. Active users started at 1.34M in late September and saw a steady decrease to around 854K by the end of the quarter.
urpay, from Neoleap, had notable peaks and troughs in its weekly downloads. The downloads peaked significantly at around 345K in the week of November 21, followed by a drop to about 43K by the end of December. Active users exhibited a rising trend, starting from approximately 544K in late September and reaching around 766K by the end of the quarter.
AlRajhi Mobile, by Al Rajhi Banking and Investment Corporation, maintained relatively stable download rates, peaking at around 118K in late September and settling at about 90K by the end of December. Active user numbers showed minor fluctuations, starting at approximately 3.98M and ending at around 3.93M.
stc pay, published by STCPay, saw its weekly downloads hover around 73K to 89K throughout the quarter. Active users showed a slight decrease from approximately 733K in late September to around 671K by the end of December.
Mobily Pay, from Etihad Digital Financial Company, experienced a peak in weekly downloads at around 104K in the week of October 10, followed by a decline to about 29K by the end of December. Active users started at around 32K in early October and saw an increase to approximately 164K by the end of December.
These insights provide a detailed view of the performance of these top finance apps in the Middle East during Q4 2022. For more in-depth analysis and data, visit Sensor Tower.