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AI Insights · Timothy · July 2023

Top 5 Finance Apps on Android in Middle East Q2 2023

Discover the performance trends of the top 5 finance apps on the Android platform in the Middle East for Q2 2023, including alrajhi bank, stc pay, SNB Mobile, ILOE, and Emkan.

Top 5 Finance Apps on Android in Middle East Q2 2023

In Q2 2023, the finance app landscape on the Android platform in the Middle East showcased some interesting trends. Here, we delve into the performance metrics of the top 5 finance apps: alrajhi bank, stc pay, SNB Mobile, ILOE, and Emkan.

alrajhi bank saw a varied trend in weekly downloads, starting at 56.4K in late March and peaking at 92.4K in late May, before ending the quarter at 42.9K. Weekly active users fluctuated slightly, with a peak of 1.1M in late May and ending June with around 1.07M users.

stc pay experienced a steady increase in weekly downloads, reaching 53.4K at the end of May, and maintained a consistent user base with weekly active users peaking at 397.7K in mid-April and stabilizing around 380.6K by the end of June.

SNB Mobile showed a relatively steady download rate, starting at 37.8K and peaking at 41.3K in late May. The app's weekly active users hovered around 200K, with minor fluctuations, peaking at 205.3K in late March and ending June with 183.3K users.

ILOE had a notable spike in downloads, peaking at 60.2K in early May before declining to 8.5K by the end of June. The app's active user count followed a similar trend, starting at 66.6K in late March, peaking at 142.3K in late May, and ending at 102.2K.

Emkan experienced a decline in weekly downloads, starting at 48.9K and dropping to 13.7K by the end of June. Active users mirrored this trend, peaking at 59.6K in late March and decreasing to 24.3K by the end of the quarter.

These insights come from Sensor Tower, where more detailed analytics and trends can be explored.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2023