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AI Insights · Timothy · October 2023

Top 5 Consumer Finance Apps in Egypt Q3 2023: Unified Performance Review

Explore the performance of the top 5 consumer finance apps in Egypt for Q3 2023, highlighting their weekly downloads, active users, and trends.

Top 5 Consumer Finance Apps in Egypt Q3 2023: Unified Performance Review

In the third quarter of 2023, the top consumer finance applications in Egypt showcased notable performance trends on a unified platform. Here’s a closer look at how these apps fared in terms of weekly downloads and active users, based on data from Sensor Tower.

NBE Mobile from the National Bank of Egypt saw consistent growth in weekly downloads, peaking at around 37K in late July. The app maintained robust weekly active users, starting from 873K in late June and gradually increasing to approximately 1.05M by the end of September.

BM Online, published by Banque Misr S.A.E, experienced a steady rise in weekly downloads, reaching around 30K by the last week of September. The weekly active users also showed an upward trend, growing from 163K in late June to about 220K by the end of the quarter.

CIB Egypt Mobile Banking from Commercial International Bank (Egypt) S.A.E displayed moderate growth in weekly downloads, with figures fluctuating between 6K and 9K throughout the quarter. Active users saw a significant increase towards the end of September, peaking at approximately 180K.

QNB Egypt Mobile Banking, offered by Qatar National Bank, maintained a stable download rate, with weekly figures ranging from 7K to 9K. The app's active users consistently grew, reaching around 92K in the final week of September.

Lastly, BDC Mobile Banking by Banque du Caire saw weekly downloads varying between 3K and 5K. The app's active users showed a steady increase, ending the quarter at approximately 35K.

For more detailed insights and data, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2023