Top 5 Investing and Financial Management Apps on iOS in Saudi Arabia - Q1 2023

In the first quarter of 2023, the top investing and financial management apps on iOS in Saudi Arabia demonstrated varied performance trends in downloads and active users. Here's a closer look at the leading applications and their metrics.

Circlys | سيركليز, published by Saving circles - Circlys, saw significant fluctuations in its weekly downloads. Starting strong with 54.3K downloads in the last week of December 2022, the app experienced a drop to 5K by mid-January. However, it rebounded with a peak of 49.9K downloads in the final week of March. The app's weekly active users mirrored this trend, starting at 65.6K and dropping to 27.1K in mid-January, followed by a rise to 70.7K by the end of the quarter.

Sukuk | صكوك, launched by Sukuk Capital, had a notable surge in downloads, especially in the week of March 6, reaching 77.8K. This was followed by a sharp decline to 2.2K downloads by the end of March.

Al Rajhi Tadawul, from Al Rajhi Capital, maintained a relatively steady download rate throughout the quarter. The app started at 5.5K downloads in the last week of December and saw a slight dip to 2.9K by the end of March.

Abyan | أبيان, published by Abyan Capital, experienced varied download numbers. The app had a high of 11.3K downloads in early February, followed by a decrease to 2.1K in mid-February, and ending with 5.3K downloads in the last week of March. The weekly active users for Abyan remained relatively stable, starting at 28.8K and slightly increasing to 35.1K by the end of the quarter.

Binance: Buy Bitcoin & Crypto, by Binance Switzerland AG, maintained consistent download numbers, starting at 3.1K in late December and peaking at 6.3K in the last week of March. The active user base showed a steady increase from 23.5K in late December to 28.2K by the end of March.

This analysis highlights the dynamic nature of the financial app market in Saudi Arabia. For more detailed insights, visit Sensor Tower.