Top 5 Consumer Finance Apps in UAE: Q1 2024 Performance Review

The first quarter of 2024 saw varying performance trends across the top 5 consumer finance applications in the United Arab Emirates. Here’s a detailed look at how each app fared in terms of weekly downloads, revenue, and active users.

Splitwise from Splitwise experienced fluctuations in weekly revenue, peaking at around $744 in late January. Weekly downloads showed a notable increase mid-quarter, reaching 1.6K in the last week of January, while weekly active users saw a decrease from 12.3K at the start of the quarter to 8.3K by the end of March.

YNAB from ynab.com had a relatively stable revenue stream, with a high of approximately $706 in late January. However, the app struggled with weekly downloads, with numbers hitting zero on multiple occasions. Weekly active users remained steady, starting at 286 and ending at 200 by the end of the quarter.

Wallet: Budget Expense Tracker from BudgetBakers saw consistent revenue, peaking at approximately $476 in late January. Weekly downloads fluctuated slightly, peaking at 274 in the first week of January. Active users showed a slight decline, starting at 1.8K and ending at 1.5K by the end of March.

Automated Expense Tracker from FinArt - Expense Tracker maintained a steady revenue, with a peak of $372 in mid-February. Weekly downloads saw a significant drop from 432 in the first week of January to 174 by the end of March. Active users also decreased from 4.2K at the start of the quarter to 3.7K by the end.

Crunch : Personal Finance from Crunch App LTD had a consistent revenue stream, peaking at around $259 in late January. However, the app did not record any downloads throughout the quarter. Data on active users was not available for this app.

For more detailed insights and data on these applications, please visit Sensor Tower.