Top 5 Finance Apps in Middle East Q4 2023

In the fourth quarter of 2023, the top finance applications in the Middle East exhibited notable trends in downloads and active users. Here’s a closer look at the performance of AlRajhi Mobile, stc pay, Alinma App - تطبيق الإنماء, SNB Mobile, and anb - arab national bank.

AlRajhi Mobile experienced fluctuations in weekly downloads, starting strong with 127K in late September and hitting a low of 94K by mid-November, before recovering to 108K by the end of December. Active users also varied, peaking at around 4.25M in late November and seeing a slight dip to 4.02M by the end of the quarter.

stc pay showed a consistent download pattern, beginning at 78K and ending with 71K weekly downloads by the end of December. Active users followed a similar trend, starting at approximately 696K and concluding the quarter at 656K.

Alinma App - تطبيق الإنماء saw a significant decline in weekly downloads from 122K in late September to 37K by the end of December. However, active users increased steadily, rising from 513K to 659K over the same period.

SNB Mobile had a varied download rate, starting at 63K in late September, experiencing a dip in mid-November, and recovering to 49K by the end of December. Active users saw a slight decrease from 758K to 679K throughout the quarter.

Finally, anb - arab national bank showed a dramatic rise in downloads from 5K in late September to a peak of 121K in late October, before stabilizing around 24K by the end of December. Active users also increased, starting at 11K in late September and reaching 73K by the end of December.

These insights underline the dynamic nature of the finance app market in the Middle East. For more detailed analytics and trends, visit Sensor Tower.