AI Insights · Timothy · April 2023
Top 5 Finance Apps on Android in the Middle East - Q1 2023
Discover the performance trends of the top 5 finance apps on Android in the Middle East during the first quarter of 2023, based on Sensor Tower data.
The first quarter of 2023 saw notable trends in the performance of finance apps on the Android platform in the Middle East. Here, we delve into the weekly downloads, active users, and revenue data for the top 5 finance apps: alrajhi bank, Emkan, SNB Mobile, stc pay, and ILOE.
alrajhi bank consistently showed strong weekly downloads, starting from around 49K in late December and peaking at 56K by the end of March. The app maintained a steady user base, with weekly active users hovering around the 1M mark throughout the quarter.
Emkan experienced fluctuations in weekly downloads, with a notable peak at 56K in the week of March 20. The weekly active users also saw an upward trend, reaching approximately 67K by the end of the quarter.
SNB Mobile showed a stable pattern in weekly downloads, starting at about 43K and ending the quarter at 38K. The app's weekly active users saw a significant increase, reaching over 205K by the end of March.
stc pay maintained a consistent download rate, with a slight increase towards the end of the quarter, peaking at 43K in the last week of March. Weekly active users showed a stable trend, averaging around 360K throughout the quarter.
ILOE had a strong start with 109K downloads in the first week of January but saw a decline to around 18K by the end of March. Despite the drop in downloads, the app's weekly active users remained relatively stable, averaging around 66K.
For more detailed insights and data, visit Sensor Tower.