Top 5 Investing and Financial Management Apps in the Middle East in Q4 2022

The fourth quarter of 2022 showcased dynamic trends for the top 5 investing and financial management apps in the Middle East, combining data from both iOS and Android platforms. Below is a detailed performance analysis of these applications based on Sensor Tower data.

BINANCE: BUY BITCOIN & CRYPTO saw a notable fluctuation in weekly downloads, peaking at nearly 29K in the last week of October before gradually declining to around 17.5K by the end of December. Weekly active users remained relatively stable, hovering around the 260K mark, with a slight dip to approximately 230K in the final week of the quarter.

AL RAJHI TADAWUL experienced a significant surge in weekly downloads, starting at around 9.8K in late September and reaching a peak of approximately 23.7K in late November. Active users, however, remained steady at around 50K, with minor fluctuations throughout the quarter.

CIRCLYS | سيركليز had an impressive spike in weekly downloads, particularly in the last week of December, soaring to around 61K from a base of around 7.5K at the beginning of the month. Active users also saw a dramatic increase, peaking at approximately 66K in the final week of December.

SNB CAPITAL demonstrated consistent performance in weekly downloads, fluctuating between 8K and 23.1K throughout the quarter. Active users showed a steady upward trend, reaching a peak of approximately 86K in late October before stabilizing around the 82K mark by the end of December.

SWEAT WALLET showed a downward trend in weekly downloads, starting at around 31K in late September and falling to approximately 9.9K by the end of December. Despite this, weekly active users remained strong, peaking at about 238K in mid-December before slightly declining to around 233K by the end of the quarter.

For more detailed insights and data on app performance, visit Sensor Tower.