Top 5 Consumer Finance Apps in Saudi Arabia Q1 2023 Performance

In the first quarter of 2023, the top 5 consumer finance apps in Saudi Arabia exhibited notable trends in downloads and active users. Here, we break down the performance of each app based on data from Sensor Tower.

AlRajhi Mobile saw a consistent increase in weekly downloads, peaking at approximately 109K in the final week of March. Active users fluctuated slightly but remained robust, with a peak of around 3.9M in the last week of the quarter.

SNB Mobile experienced a decline in weekly downloads, starting from around 90K at the end of December and dropping to about 71K by the end of March. Active users showed a similar trend, peaking at over 859K in late February, before settling at approximately 759K by the end of the quarter.

Alinma Bank had relatively stable weekly downloads, averaging around 21K throughout the quarter. Active users remained steady, reaching a high of approximately 434K in the final week of March.

Alinma App - تطبيق الإنماء, launched in mid-February, saw a significant surge in downloads, peaking at nearly 120K in the week of March 20. Active users also increased rapidly, reaching around 99K in the same period.

Riyad Bank Mobile exhibited a steady trend in weekly downloads, with a peak of approximately 19K in late February. Active users remained consistent, peaking at around 306K in the last week of February.

These insights provide a snapshot of the dynamic performance of the leading consumer finance apps in Saudi Arabia for Q1 2023. For more detailed analytics and trends, visit Sensor Tower.