Top 5 Finance Apps Performance in UAE in Q1 2023

In the first quarter of 2023, the top 5 finance applications in the United Arab Emirates exhibited varying performance trends across downloads, active users, and revenue. Here’s a detailed look at each app's metrics, based on data from Sensor Tower.

ILOE from Dubai Insurance saw a significant drop in weekly downloads, starting at 125.9K in the first week of January and decreasing to 23.3K by the end of March. The app's weekly active users followed a similar declining trend, beginning with 103.1K and fluctuating before ending at 81.6K.

ENBD X from Emirates NBD Bank P.J.S.C experienced a steady drop in weekly downloads from 41.9K at the end of December to 19K in the last week of March. However, the app's weekly active users showed consistent growth, starting at 82.2K and peaking at 144.1K by the end of the quarter.

ADCB Hayyak from ADCB had a relatively stable performance in weekly downloads, starting at 15.2K and ending at 15.1K. The weekly active users also remained relatively steady, beginning at 50.1K and concluding the quarter at 46.7K.

Al Ansari Exchange Send Money by Al Ansari Exchange LLC showed a fluctuating download trend, starting at 10K and peaking at 19.1K in mid-February before settling at 12.9K by the end of March. The weekly active users exhibited a slight increase, starting at 42.8K and ending the quarter at 45.9K.

ADCB, also from ADCB, maintained a consistent weekly download rate, starting at 11.1K and ending at 12.9K. The app's weekly active users showed a steady increase, beginning at 169.8K and reaching 183.3K by the end of March.

For more detailed insights and data, visit Sensor Tower.