AI Insights · Timothy · April 2023
Top 5 Finance Apps on iOS in Lebanon: Q1 2023 Performance
In Q1 2023, Lebanon's top finance apps on iOS saw varying trends in downloads, revenue, and active users. Whish Money, Lira Exchange, and others displayed significant metrics.
In the first quarter of 2023, Lebanon's top finance apps on the iOS platform demonstrated diverse performance patterns across downloads, revenue, and active users. Here’s a closer look at the metrics from Sensor Tower for the top 5 apps:
Whish Money by TECFRAC experienced a steady increase in weekly downloads, beginning with approximately 1.1K in late December and peaking at 1.9K in the week of February 27. The app maintained stable download figures, averaging around 1.4K to 1.6K towards the end of March.
Lira Exchange from Mohammad Masri saw fluctuating weekly revenue, with notable peaks of $39 in the week of February 27 and $46 in the week of March 20. Weekly downloads also varied, starting at 955 in late December, reaching a high of 1.8K on January 23, and settling around 290 by the end of March.
OMT Pay by Online Money Transfer SAL displayed a consistent trend in weekly downloads, starting at 498 in late December and peaking at 1K in the week of January 30. The app maintained an average of 500 to 900 downloads per week through the quarter.
Khod - Lira & USD Rate Lebanon from High Development Mobile Applications, INC exhibited a similar pattern in weekly downloads, with a significant peak of 1.3K in the week of January 23. The app’s downloads gradually decreased, averaging around 200 to 800 in the subsequent weeks.
Sweat Wallet by The Sweat Foundation Ltd showed a decline in weekly downloads, starting at 324 in late December and reaching a peak of 977 in the week of January 9, then tapering off to 358 by the end of March. However, the app maintained a stable number of weekly active users, ranging from 12.9K to 15.2K throughout the quarter.
These insights demonstrate the dynamic nature of the finance app market in Lebanon. For more detailed analyses and data, visit Sensor Tower.