AI Insights · Timothy · April 2024
Top 5 Consumer Finance Apps in Egypt for Q1 2024
In Q1 2024, the top consumer finance apps in Egypt showed varying trends in downloads, revenue, and active users. Here’s a closer look at their performance.
The performance of the top consumer finance apps in Egypt during the first quarter of 2024 revealed interesting trends across weekly downloads, revenue, and active users. Below, we delve into the specifics for the top five apps: YNAB, Splitwise, Wallet: Budget Expense Tracker, Mobills: Budget Planner, and Money Manager Expense & Budget.
YNAB saw a mixed performance in Q1 2024. Weekly revenue peaked at around $294 in late February, before dropping to approximately $56 by the end of March. Downloads fluctuated, with the highest being 33 in the first week of January and a few weeks of zero downloads. Active users saw a steady decline from 207 in the first week of January to 150 by the end of March.
Splitwise experienced a gradual decline in both revenue and active users. Revenue started at $143 in early January and fell to $32 by the end of March. Downloads were highest at the beginning of the quarter with 344 and decreased to 155 by the last week of March. Active users also saw a downward trend from 1508 to 955.
Wallet: Budget Expense Tracker maintained a relatively stable performance. Revenue peaked at $116 in late February and ended at $41 in the last week of March. Downloads started strong with 906 in the first week of January, peaking at 1001 in late January, and then declined to 354 by the end of March. Active users fluctuated slightly but remained around 3361 by the end of the quarter.
Mobills: Budget Planner did not show any downloads or active users data for Q1 2024. However, its revenue peaked at $153 in the second week of January and gradually decreased to $25 by the last week of March.
Money Manager Expense & Budget displayed notable fluctuations in its metrics. Revenue started at $116 in early January and dropped to $33 by the end of March. Downloads peaked at 673 in late February and declined to 266 by the last week of March. Active users saw a peak of 4498 in late February but ended the quarter at 3859.
These insights are based on data from Sensor Tower, offering a detailed view of the consumer finance app landscape in Egypt. For more in-depth analysis and additional insights, visit Sensor Tower.
