Top 5 Investing and Financial Management Apps in the Middle East for Q3 2023

During the third quarter of 2023, the top 5 investing and financial management apps in the Middle East showed diverse performance trends, according to Sensor Tower data. Here’s a detailed look at their weekly downloads, revenue, and active user metrics.

alrajhi capital saw a significant fluctuation in weekly downloads, peaking at approximately 120K in the week of August 7. The app also experienced a consistent rise in weekly active users, growing from around 108K at the end of June to over 257K by the end of September.

Binance: Buy Bitcoin & Crypto maintained a relatively stable download rate throughout the quarter, hovering around 29K to 32K weekly downloads. Weekly active users showed a slight downward trend, starting at 273K in late June and decreasing to about 265K by the end of September.

ExpertOption - Mobile Trading exhibited moderate variability in weekly downloads, with a high of approximately 35K in the week of July 3. The app’s weekly active users remained relatively stable, fluctuating between 33K and 45K throughout the quarter.

Olymp Trade - trading online experienced a gradual decline in weekly downloads, from about 16K at the end of June to around 7K by the end of September. Similarly, the app’s weekly active users decreased from approximately 77K to 65K over the same period.

Finally, SNB Capital showed a notable increase in weekly downloads, peaking at around 26K in the last week of September. Weekly active users for the app also rose, starting at about 89K in late June and reaching over 105K by the end of September.

For more detailed insights and data on these apps, visit Sensor Tower.