AI Insights · Timothy · April 2023
Top 5 Finance Apps on Android in Egypt, Q1 2023
Explore the performance of the top 5 finance apps on Android in Egypt during Q1 2023. Insights include weekly downloads, active users, and trends.
During the first quarter of 2023, the top 5 finance applications on the Android platform in Egypt showcased varying trends in downloads and active users. The data, sourced from Sensor Tower, provides a comprehensive overview of these apps' performance.
InstaPay Egypt saw its weekly downloads peak in the last week of December with 376.5K downloads. The numbers fluctuated through the quarter, ending with approximately 85.9K downloads in the final week of March. The app's active users exhibited a steady climb from 334.1K in late December to nearly 491.6K by the end of March.
Lucky ONE experienced a high of 99.7K downloads in the second week of January. However, downloads gradually decreased, reaching a low of around 26K by the last week of March. The weekly active users followed a similar trend, starting at 300.6K in late December and ending at approximately 253.7K in late March.
NBE Mobile had a notable spike in downloads in the first week of January with 108.6K, before stabilizing around 38.5K by the end of March. Active users saw an upward trend, starting at 559.3K in late December and peaking at 739.3K by the end of the quarter.
Olymp Trade - trading online showed a significant increase in downloads, reaching a high of 67.9K in the second week of January. The numbers then varied, finishing at 48.5K in the final week of March. Active users were highest in early January at 176.6K, ending the quarter at around 164.5K.
Halan: Lending, BNPL, Payments saw its downloads rise dramatically, peaking at 80.1K in mid-March. The app's weekly active users also increased, starting at 65.9K in late December and reaching a high of 134.1K in mid-March, before slightly declining to 98.6K by the end of March.
For more detailed insights and data, visit Sensor Tower.