Top 5 Personal Finance Budgeting and Planning Apps in Saudi Arabia for Q1 2023

The first quarter of 2023 saw varied performances among the top five personal finance budgeting and planning apps on a unified platform in Saudi Arabia. Here, we take a closer look at the trends in weekly downloads, revenue, and active users.

Malaa: Track, Save & Invest experienced fluctuating download numbers. Starting with 4.2K downloads at the end of December, the app saw a sharp increase to 7K by the end of January. The downloads peaked at 7.3K in early February before dropping to 1.5K by the end of the month. March saw a recovery, ending with 2.8K downloads.

وفير : تتبع المصروفات الذكي had a notable increase in downloads mid-quarter. Starting with 3.2K downloads in late December, the app saw its numbers grow to 6.2K by late February. Revenue for وفير : تتبع المصروفات الذكي was minimal, with a peak of $2 at the beginning of January.

مصاريف maintained a steady trend in active users, starting at 23K at the end of December and ending at 21K by late March. Download numbers were stable, peaking at 2.1K in late December and hovering around 1.3K to 1.4K through most of the quarter.

دراهم | Drahim saw consistent revenue throughout the quarter. The app started with $452 at the end of December and saw a peak of $814 at the end of February. Weekly downloads remained relatively stable, averaging around 800 to 900 downloads throughout the quarter.

Splitwise had a consistent number of active users, starting at 4.2K in late December and ending at 4.2K in late March. The app’s revenue peaked at $119 at the end of February. Downloads were steady, averaging around 800 to 900 downloads per week, with a slight dip towards the end of March.

These insights are based on data from Sensor Tower. For more detailed analysis, visit Sensor Tower.