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AI Insights · Timothy · April 2024

Top 5 Finance Apps on Android in UAE Q1 2024

Discover the performance trends of the top 5 finance apps on Android in the UAE during Q1 2024, based on data from Sensor Tower.

Top 5 Finance Apps on Android in UAE Q1 2024

Throughout the first quarter of 2024, the top 5 finance apps on the Android platform in the United Arab Emirates showcased varying trends in downloads and active user engagement. Here’s a detailed look at their performance:

C3Pay by Edenred UAE saw a notable increase in weekly downloads, starting at 14.1K in the first week of January and peaking at 39K by the end of March. Active users also increased from 71.6K to 103.8K over the quarter, indicating growing user engagement.

Mashreq UAE - Mobile Banking experienced a steady download trend with a slight dip mid-quarter. Weekly downloads began at 20.7K and ended at 15.2K. Active users showed consistent engagement, starting at 92.8K and slightly increasing to 96.3K by the end of March.

CBD - Instant digital banking from Commercial Bank of Dubai had fluctuating download numbers. Weekly downloads ranged from 13.4K at the beginning of January to a high of 21.6K mid-January, before declining to 8.4K by the end of March. Active users followed a similar pattern, starting at 74.9K, peaking at 92.6K in late February, and dropping to 73.2K by the quarter’s end.

ADCB Hayyak from Abu Dhabi Commercial Bank showed a consistent upward trend in downloads, starting at 11.3K in early January and reaching 19.1K by late March. Active users also increased steadily from 36.4K to 47.6K over the quarter.

Taptap Send: Send money abroad by Taptap Send, Inc. had a strong performance in weekly downloads, starting at 11.3K and ending at 18.4K. Active users grew from 17.2K in the first week of January to 26K by the end of March, showing robust user engagement.

These insights are derived from Sensor Tower, where more detailed information can be found. Overall, these apps demonstrated dynamic growth and fluctuating user engagement throughout the quarter.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2024