AI Insights · Timothy · April 2023
Top 5 Consumer Finance Apps in UAE: Q1 2023 Performance
Discover the performance of the top 5 consumer finance apps in the UAE for Q1 2023, including weekly downloads and active user trends.
In the first quarter of 2023, the top 5 consumer finance applications in the United Arab Emirates demonstrated varying performance trends. Here’s an overview of their weekly downloads and active user metrics based on data from Sensor Tower.
ENBD X saw a notable decrease in weekly downloads, starting from around 42K at the end of December and dropping to approximately 19K by the end of March. However, the app experienced a consistent increase in weekly active users, rising from 82K to 144K during the same period.
ADCB exhibited stable growth in weekly downloads, with figures fluctuating between 11K and 15K. The app maintained a strong base of active users, growing from about 170K to 183K over the quarter.
FAB Mobile Banking experienced a steady download rate, with weekly downloads ranging from 10K to 15K. The active user count showed an upward trend, starting at 147K in late December and peaking at around 162K in mid-March before stabilizing.
Emirates NBD had a relatively stable download trend, with weekly downloads hovering around 9K to 11K. The active user base remained consistent, fluctuating slightly but generally staying around 128K to 131K throughout the quarter.
Lastly, CBD - Instant digital banking showed consistent weekly downloads, ranging from 8K to 11K. The weekly active users metric remained stable, with figures around 95K to 99K during Q1 2023.
For more insights and detailed data, visit Sensor Tower.
