AI Insights · Timothy · April 2023
Top 5 Consumer Finance Apps on Unified Platform in Lebanon: Q1 2023
In Q1 2023, Lebanon's top 5 consumer finance apps showed varied performance in downloads and active users. Explore the trends for apps like Bank Audi, eBLOM Lebanon, My BLF, Byblos Bank Mobile Banking, and Cash Book- daily expenses.
In the first quarter of 2023, Lebanon's top consumer finance applications experienced diverse trends in downloads and active users. Below, we delve into the performance of the top 5 apps: Bank Audi, eBLOM Lebanon, My BLF, Byblos Bank Mobile Banking, and Cash Book- daily expenses.
Bank Audi experienced fluctuations in weekly downloads throughout Q1. The app started the year with around 277 downloads in the first week of January and saw a peak of approximately 547 downloads by the end of the month. However, February saw a dip, with downloads dropping to around 133 in the week of February 20. March showed a recovery, stabilizing at approximately 291 downloads by the last week.
eBLOM Lebanon also exhibited varied download trends. Starting strong with 312 downloads in late December, the app peaked at around 492 downloads in late January. The downloads dipped to around 137 by mid-February but recovered to approximately 299 downloads by the end of March.
My BLF saw a steady but modest performance in downloads. The app started with around 220 downloads in the last week of December and experienced minor fluctuations throughout the quarter. A notable peak was in mid-February with approximately 247 downloads, ending March with around 158 downloads.
Byblos Bank Mobile Banking displayed a similar fluctuating pattern in downloads. The app saw an initial figure of around 205 downloads in late December, peaking at approximately 314 downloads by mid-February. The quarter ended with around 156 downloads in the last week of March.
Cash Book- daily expenses showed a significant increase in active users and downloads. Starting with around 147 downloads in late December, the app saw a peak of approximately 279 downloads by mid-March. Active users steadily increased from around 583 in late December to approximately 894 by the third week of March.
These data points from Sensor Tower highlight the dynamic nature of the consumer finance app market in Lebanon during Q1 2023. For more detailed insights, visit Sensor Tower.