AI Insights · Timothy · April 2023
Top 5 Finance Apps Performance in Saudi Arabia Q1 2023
In Q1 2023, top finance apps in Saudi Arabia, including AlRajhi Mobile and SNB Mobile, demonstrated significant trends in downloads and active users according to Sensor Tower data.
In the first quarter of 2023, the top finance applications in Saudi Arabia showcased notable performance metrics on a unified platform. Here’s an overview of the trends observed in weekly downloads and active users for the top five apps: AlRajhi Mobile, SNB Mobile, Emkan Finance, stc pay, and Mobily Pay.
AlRajhi Mobile experienced consistent weekly download numbers, peaking at approximately 109K in the last week of March. Active users ranged from 3.7M to 3.9M throughout the quarter, with a notable spike to nearly 4M at the end of February.
SNB Mobile showed a downward trend in weekly downloads, starting at around 90K in late December and ending at about 71K by the end of March. Active users saw fluctuations, peaking at about 860K in late February and closing the quarter with around 760K users.
Emkan Finance experienced a varied download pattern, with notable peaks of approximately 92K in late February. Active users hit a high point of around 175K during the same period before stabilizing to about 140K by the end of March.
stc pay maintained a steady weekly download rate, peaking at around 73K in late February. Weekly active users fluctuated between 570K and 670K, with a notable peak at the end of February.
Lastly, Mobily Pay saw significant growth in weekly downloads, reaching approximately 76K in mid-March. Active users increased from around 150K at the beginning of the quarter to over 250K by the end of March.
These insights into the performance of top finance applications in Saudi Arabia during Q1 2023 highlight the dynamic nature of user engagement and app adoption. For more detailed data and insights, visit Sensor Tower.
