Top 5 Consumer Finance Apps on Android in Egypt for Q2 2024

In the second quarter of 2024, the top consumer finance apps in Egypt on the Android platform exhibited diverse trends in downloads and active users. Here’s a detailed look at the performance of the top five apps:

Mashreq Egypt experienced significant growth in downloads, starting from approximately 33K in early April and peaking at around 98K by the end of June. Active users also saw a substantial increase, beginning from 73K and reaching nearly 292K by the end of the quarter.

BM Online had a more fluctuating pattern in downloads, starting with about 37K in early April, dipping to around 17K in the second week, and then peaking at approximately 41K by mid-June before settling at 30K by the end of the quarter. Active users for this app started at 227K, experienced some decline mid-quarter, and ended at about 204K.

NBE Mobile showed a steady download rate, beginning at 37K in the first week and maintaining a range between 30K to 38K throughout the quarter. The active user base remained strong, starting at 1.05M and slightly increasing to 1.11M by the end of June.

CIB Egypt Mobile Banking had a relatively stable download trend, beginning at around 5.9K and peaking at approximately 7.8K by late April, before stabilizing at around 6.7K by the end of June. Active users for this app began at 130K, dipped mid-quarter, and then returned to 130K by the end of the quarter.

BM Online UAE saw a consistent increase in downloads, starting at 3.8K in early April and peaking at around 6K by mid-June, then slightly decreasing to 5.5K by the end of the quarter.

This data, sourced from Sensor Tower, provides an insightful overview of the performance of these leading consumer finance applications in Egypt. For more detailed insights, visit Sensor Tower.