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AI Insights · Timothy · April 2023

Top 5 Consumer Finance Apps on iOS in Saudi Arabia Q1 2023

The performance of the top 5 consumer finance apps on iOS in Saudi Arabia during Q1 2023 showed varied trends in weekly downloads and active users, with some apps experiencing significant growth.

Top 5 Consumer Finance Apps on iOS in Saudi Arabia Q1 2023

In the first quarter of 2023, the top 5 consumer finance applications on the iOS platform in Saudi Arabia exhibited a range of performance trends. Data from Sensor Tower reveals insights into weekly downloads and active users for these leading apps.

SNB Mobile saw fluctuating weekly downloads, starting the quarter at 47K and experiencing a peak of 47K again in the week of January 23. The app's weekly active users showed a steady pattern, with a notable increase to 448K by the end of March from 443K at the start of the quarter.

AlRajhi Mobile maintained a strong presence with weekly downloads ranging from 28K to 43K, peaking in the last week of March. Active users fluctuated slightly but remained robust, starting at 2.68M and ending the quarter at 2.66M.

Alinma App - تطبيق الإنماء, a new entrant in the market, showed substantial growth in weekly downloads, which surged to 101K in the week of March 20. The app's active users also saw a significant rise, reaching 81K in the same week from just 56 in mid-February.

Alinma Bank exhibited consistent performance with weekly downloads ranging between 10K and 15K. Active user numbers remained stable throughout the quarter, hovering around 200K and ending at 202K.

Finally, بنك التنمية الاجتماعية experienced a notable increase in weekly downloads, peaking at 17K in the week of February 20. Active users also saw growth, particularly in mid-February, reaching 22K.

These insights into the performance of the top consumer finance apps on iOS in Saudi Arabia during Q1 2023 are based on data from Sensor Tower. For more detailed analysis and additional insights, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2023