AI Insights · Timothy · October 2023
Top 5 Personal Finance Budgeting and Planning Apps in UAE Q3 2023
Discover the performance of the top 5 personal finance budgeting and planning apps in the United Arab Emirates during Q3 2023, based on data from Sensor Tower.
In the third quarter of 2023, the top personal finance budgeting and planning apps on a unified platform in the United Arab Emirates showed varied performance in terms of downloads, revenue, and active users. Here’s a closer look at the metrics:
MySalary - Manage your money from Edenred UAE saw a consistent trend in weekly downloads. Starting with 1.9K downloads at the end of June, the app peaked at 2.7K downloads in the first week of September. The weekly downloads fluctuated slightly but remained robust, ending the quarter with around 2.1K downloads.
Splitwise experienced a steady increase in weekly revenue, peaking at approximately $491 in the final week of September. Weekly downloads showed some fluctuations, starting at 2.3K at the end of June and ending with 1.8K in the last week of September. The app maintained a stable user base, with active users ranging from 12.8K to a peak of nearly 12.9K.
Sav - Savings are Rewarded saw its weekly downloads surge mid-quarter, reaching 2.4K in the week of August 21. The app started with 470 downloads at the end of June and experienced a significant spike in mid-August before stabilizing around 1.2K downloads in the final week of September.
ADCB MoneyBuddy had a varied performance in downloads, starting with 783 at the end of June. The app saw a peak of 976 downloads in the first week of July but experienced a decline towards the end of the quarter, finishing with 642 downloads in the last week of September.
Money Manager Expense & Budget from Realbyte Inc. showed an upward trend in weekly revenue, peaking at approximately $327 in the first week of September. The app’s weekly downloads also fluctuated, starting with 537 at the end of June and reaching a high of 701 in the last week of August. The app maintained an active user base, with active users peaking at 7.4K in the same week.
These insights are derived from Sensor Tower's data. For more detailed analysis and trends, visit Sensor Tower.