Top 5 Consumer Finance Apps in UAE Q3 2023: Unified Platform Performance

In the third quarter of 2023, the top 5 consumer finance applications in the United Arab Emirates demonstrated varied performance trends in terms of weekly downloads and active users. Below, we delve into the specifics for each app, based on data from Sensor Tower.

ENBD X saw a notable fluctuation in weekly downloads, peaking at around 62K in the week of July 24 and ending the quarter with approximately 28.9K downloads in the last week of September. The active users trend for ENBD X showed consistent growth, starting at about 242K at the end of June and rising to approximately 348K by the end of September.

ADCB experienced a steady increase in weekly downloads, reaching a high of around 14.5K in the final week of September. The app's active users also showed a consistent upward trend, beginning at 186K in late June and climbing to around 213K by the end of the quarter.

CBD - Instant digital banking maintained a stable performance in weekly downloads, with figures fluctuating between 8K and 13K throughout the quarter. Active users for this app saw a gradual increase, starting from 103K at the end of June and reaching about 114K by the end of September.

Al Hilal Digital showed a consistent rise in weekly downloads, peaking at approximately 12.5K in the week of August 21. The active user base for Al Hilal Digital also grew steadily, starting at around 71K in late June and ending the quarter with about 81K active users.

FAB Mobile Banking experienced a steady increase in weekly downloads, culminating at approximately 12.7K in the final week of September. The active users trend for FAB Mobile Banking showed a consistent rise, beginning at 163K at the end of June and reaching around 182K by the end of the quarter.

These insights are based on data from Sensor Tower. For more detailed information and further analysis, visit Sensor Tower's platform.