AI Insights · Timothy · January 2024
Top 5 Consumer Finance Apps on Android in Egypt Q4 2023
Explore the performance of the top 5 consumer finance apps on the Android platform in Egypt during the fourth quarter of 2023, as reported by Sensor Tower.
In the fourth quarter of 2023, the top 5 consumer finance apps on the Android platform in Egypt demonstrated varying trends in downloads and active users. Here is a detailed analysis of their performance based on data from Sensor Tower.
NBE Mobile saw a consistent weekly download rate, starting at approximately 29.9K at the end of September and peaking at around 33.6K in the last week of November. Weekly active users increased from 863.6K in late September to a high of 944.8K in the week of November 27, before slightly declining to end the quarter at 921.7K.
BM Online experienced a steady flow of downloads, with peaks around 31K in late October and another peak at 29.4K in the final week of November. Active users fluctuated, reaching a high of 198.5K in late October before ending the quarter at approximately 184.9K.
CIB Egypt Mobile Banking maintained a stable weekly download rate, with numbers ranging from 5.5K to 8.2K throughout the quarter. Active users showed some variability, starting at 141.7K in late September, dipping to around 113.7K mid-quarter, and climbing back to 137.3K by the end of December.
QNB Egypt Mobile Banking had a relatively stable download trend, with weekly figures hovering between 4.3K and 6.5K. Active users displayed a similar stability, starting at 91.9K at the end of September and concluding the quarter at 94.7K.
Arabi-Mobile experienced a varied download trend, with a notable peak at 5.5K in late November. Active users increased from 28.9K in late September to a peak of 37.4K in the last week of November, ending the quarter at 33K.
For more insights into the performance of these apps and others, visit Sensor Tower.
