AI Insights · Timothy · July 2023
Top Personal Finance Budgeting Apps in UAE Q2 2023
Explore the performance metrics of the top 5 personal finance budgeting and planning apps in the UAE for Q2 2023, based on data from Sensor Tower.
In the second quarter of 2023, the top 5 personal finance budgeting and planning applications in the United Arab Emirates showed varied performance metrics on a unified platform. Here’s a breakdown of how each app fared in terms of weekly downloads, revenue, and active users.
MySalary - Manage your money from Edenred UAE experienced a steady flow of weekly downloads. The app saw a peak of 2.9K downloads in the week of May 8, while the lowest was 1.8K in the week of June 19. The app maintained a consistent weekly download rate, averaging around 2.1K throughout the quarter.
Splitwise showed a fluctuating trend in weekly revenue and downloads. Revenue peaked at $353 in the week of June 19, while the lowest was $36 in the week of April 10. Downloads were highest in the week of May 1, reaching 2.8K, and saw a low of 1.6K in the week of May 22. Active users ranged from 11.1K to 13.4K, with a notable increase toward the end of the quarter, peaking at 12.9K in the last week of June.
ADCB MoneyBuddy from Abu Dhabi Commercial Bank had a more stable download pattern, with weekly downloads ranging from 720 to 1.2K. The highest downloads were recorded in the week of April 3, with 1.2K downloads, and the lowest in the week of May 22, with 720 downloads.
Sav - Savings are Rewarded displayed a declining trend in weekly downloads. Starting at 1.9K downloads in the week of March 27, the app saw a significant drop, reaching a low of 416 downloads in the week of May 29. However, the downloads slightly picked up towards the end of the quarter, with 470 downloads in the last week of June.
Money Manager Expense & Budget from Realbyte Inc. had consistent weekly revenue and downloads. Revenue peaked at $290 in the week of May 29, while the lowest was $75 in the week of April 10. Weekly downloads varied, with the highest being 1K in the week of March 27 and the lowest at 474 in the week of June 19. Active users ranged from 5.9K to 6.8K, showing a steady user base throughout the quarter.
These insights are based on data from Sensor Tower. For more detailed analytics and trends, visit Sensor Tower.
