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AI Insights · Timothy · April 2023

Top 5 Personal Finance Apps in the Middle East Q1 2023

Explore the performance of the top personal finance budgeting and planning apps in the Middle East during Q1 2023, based on data from Sensor Tower.

Top 5 Personal Finance Apps in the Middle East Q1 2023

In the first quarter of 2023, personal finance budgeting and planning applications saw varied performance across the Middle East on a unified platform. Here’s a closer look at the top five apps based on Sensor Tower data.

Splitwise demonstrated consistent performance throughout the quarter. Weekly revenue peaked at approximately $511 in the final week of February. Downloads experienced an upward trend, reaching around 5.5K in early March, while weekly active users remained relatively stable, fluctuating between 27.7K and 30.7K.

Malaa: Track, Save & Invest showed notable download activity with a significant spike in late January, reaching 7K. Although the downloads tapered off in the subsequent weeks, the app maintained a steady presence with peaks of around 2.9K in March. Revenue data for this app was not available.

وفير : تتبع المصروفات الذكي had a fluctuating download pattern, peaking at 6.2K in mid-February. Revenue remained minimal, with only occasional increases.

MySalary - Manage your money experienced a steady download rate, with a small peak of 2.5K in the last week of March. Revenue data for this app was also not available.

Finally, مصاريف maintained a consistent level of active users, averaging around 25K to 27K weekly. Downloads showed a gradual decline throughout the quarter, reaching a low of 1.2K in mid-March. Revenue remained minimal, with slight fluctuations.

These insights highlight the varying performance trends of personal finance apps in the Middle East during Q1 2023. For more detailed data and insights, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2023