Top 5 Finance Apps Performance in Egypt Q3 2023

In Q3 2023, the top five finance applications in Egypt demonstrated notable performance metrics, as revealed by Sensor Tower data. Below, we delve into the trends observed in weekly downloads and active users for each app.

InstaPay Egypt saw a significant increase in weekly downloads, starting from approximately 96K at the end of June and rising to nearly 190K by the end of September. The app's weekly active users also showed a robust growth trend, climbing from 962K to approximately 1.36M over the same period.

Halan: Lending, BNPL, Payments experienced a steady rise in weekly downloads, peaking at about 84K in late August before settling at around 65K by the end of September. The app's weekly active users followed a similar upward trajectory, growing from around 102K to 161K during Q3.

myfawry maintained a relatively stable download rate throughout the quarter, averaging around 36K to 42K weekly downloads. The app's active user base saw a notable increase, rising from 340K at the end of June to approximately 421K by the end of September.

اورنچ كاش showed a consistent upward trend in weekly downloads, starting from 17K in late June and peaking at 54K by mid-September. The app’s active users also increased significantly, from 31K to about 75K during the same period.

Sahl سهل - Payments Made Easy had fluctuating download numbers, reaching a high of 58K in late July before stabilizing around 25K to 38K in September. Active users for Sahl saw a peak of approximately 101K in early September, before slightly declining to around 85K by the end of the quarter.

These insights reveal the dynamic nature of the finance app market in Egypt during Q3 2023. For more detailed analytics and trends, visit Sensor Tower.