AI Insights · Timothy · January 2023
Top 5 Personal Finance Budgeting and Planning Apps in UAE Q4 2022
Discover how the top personal finance apps performed in the UAE during Q4 2022, with insights into their downloads, revenue, and active users.
In the fourth quarter of 2022, the personal finance budgeting and planning apps in the United Arab Emirates showed varied performance across downloads, revenue, and active users. Below is a detailed look at the top 5 apps in this category based on data from Sensor Tower.
Splitwise experienced fluctuations in its weekly revenue, peaking at approximately $246 in the week of November 28. The app's weekly downloads started strong with over 17K in late September but saw a decline, stabilizing around 1.5K to 2K downloads per week towards the end of the quarter. Active users also showed a mixed trend, beginning at 18.3K in late September and closing the quarter at around 11.6K.
MySalary - Manage your money had a consistent weekly download pattern, starting with 1.6K in late September and reaching a peak of 2K in mid-December. Despite no revenue data available, the app maintained a steady presence in the market.
ADCB MoneyBuddy showed a steady increase in weekly downloads, starting at 482 in late September and peaking at 1.1K in mid-November. The app did not report any revenue during this period.
Money Manager Expense & Budget saw a notable increase in weekly revenue, reaching $210 by the end of December. Weekly downloads also increased significantly, starting at 389 and peaking at 779 in the final week of the year. Active users grew from 5.3K in late September to nearly 5.9K by the end of December.
FH Personal had a varied download pattern, with a notable peak at 1.1K in mid-December. Like some other apps, FH Personal did not report any revenue data for this period.
For more insights and detailed analytics, visit Sensor Tower.