Top 5 Consumer Finance Apps on Android in Saudi Arabia: Q1 2023

In the first quarter of 2023, the top five consumer finance apps on the Android platform in Saudi Arabia exhibited diverse performance trends across weekly downloads, revenue, and active users. Here’s a closer look at how each app fared during this period based on data from Sensor Tower.

Wallet: Budget Expense Tracker from BudgetBakers saw a stable weekly revenue, starting at approximately $269 at the end of December 2022 and fluctuating around $100 to $230 throughout Q1 2023, peaking again at $221 in the last week of March. Weekly downloads showed a notable peak of 284 in late January before settling around 150 to 200 for the rest of the quarter. Active users slightly declined from 1293 at the end of December to 1135 by the end of March.

المصاريف from Al-Masareef App had a varied revenue stream, with weekly earnings mostly ranging from $100 to $200, peaking at $212 in mid-February and again reaching $198 at the end of March. Weekly downloads showed a significant spike of 576 in late January and remained relatively high, ranging from 230 to 428 for the rest of the quarter. Active users started at 2943 in late December, peaking at 3308 in late January, and ended at 2492 by late March.

دفتر الحسابات Pro from Abdullah Abdulrahman experienced a steady weekly revenue, fluctuating between $92 and $179 throughout the quarter. Weekly downloads were inconsistent, with a notable peak of 176 in early January but generally low numbers for the rest of the quarter.

Fast Budget - Expense Manager by AppFer SRL displayed steady weekly revenue, ranging from $76 to $182, peaking at $163 in the last week of March. Weekly downloads were relatively stable, ranging from 83 to 165, with a slight decline towards the end of the quarter. Active users saw a minor drop from 621 at the end of December to 553 by the end of March.

Monefy - Budget & Expenses app from Reflective Technologies had a fluctuating revenue stream, with weekly earnings ranging from $34 to $137, peaking at $144 in late January. Weekly downloads were relatively low, peaking at 121 in late January but mostly staying below 75 for the rest of the quarter. Active users showed a slight decline from 209 at the end of December to 179 by the end of March.

For more detailed insights and trends, visit Sensor Tower.