AI Insights · Timothy · March 2024
Top 5 Consumer Finance Apps on Android in Saudi Arabia for Q1 2024
Discover the performance trends of the top 5 consumer finance apps on Android in Saudi Arabia during Q1 2024, based on data from Sensor Tower.
During the first quarter of 2024, the top 5 consumer finance apps on the Android platform in Saudi Arabia showcased various performance trends in terms of downloads, revenue, and active users. Here's a detailed look at their performance:
Drahim experienced fluctuations in weekly downloads, starting the quarter with 319 downloads and peaking at 637 downloads in mid-February. The app's weekly revenue saw a gradual increase, reaching a high of $361 in early February before stabilizing around the $300 mark towards the end of the quarter.
دفتر الحسابات Pro maintained a consistent revenue stream, with weekly earnings ranging between $219 and $375. However, the app witnessed a notable decline in downloads, dropping from 102 downloads in the first week of January to single digits by mid-March.
For المصاريف, weekly downloads showed a downward trend, starting from 437 downloads at the beginning of January and decreasing to 179 downloads by the end of March. Despite this, the app's weekly revenue remained relatively stable, averaging around $226 by the last week of March. Active users saw a decline from 2.5K in early January to about 1.8K by the end of the quarter.
Wallet: Budget Expense Tracker saw a steady decrease in both downloads and active users throughout the quarter. Weekly downloads fell from 240 in the first week of January to 131 by the end of March. Similarly, weekly active users declined from 1.4K at the start of the quarter to approximately 1.2K by the end of March. Revenue trends were also inconsistent, with highs of $359 in the first week of January and lows of $85 in mid-March.
YNAB had a varied revenue performance, peaking at $354 in mid-January and experiencing fluctuations throughout the quarter, settling at $147 in the last week of March. Notably, there were no download metrics available for this app during the quarter.
This data, sourced from Sensor Tower, highlights the diverse performance trends among the top consumer finance apps in Saudi Arabia. For more detailed insights and analytics, visit Sensor Tower.