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AI Insights · Timothy · July 2024

Top 5 Consumer Finance Apps on Android in the Middle East, Q2 2024

Discover the performance of the top 5 consumer finance apps on Android in the Middle East during Q2 2024, including trends in downloads and active users.

Top 5 Consumer Finance Apps on Android in the Middle East, Q2 2024

In the second quarter of 2024, the Middle East saw notable activity in the consumer finance app sector on the Android platform. The top five apps in this category, based on downloads and active user metrics, were alrajhi bank, SNB Mobile, Alinma App - تطبيق الإنماء, CBD - Instant digital banking, and Mashreq UAE - Mobile Banking.

alrajhi bank demonstrated a consistent performance in weekly downloads, starting the quarter with 57K downloads and peaking at 75K in mid-May. The app maintained a robust user base with weekly active users fluctuating around 1.1M, starting at 1.13M and ending at a similar level.

SNB Mobile also saw steady download numbers, beginning the quarter with 28K downloads and maintaining figures around 25K to 29K throughout the period. Active users for this app started at 196K, peaked at 213K in late April, and concluded the quarter at 208K.

Alinma App - تطبيق الإنماء experienced a moderate but steady increase in activity. Downloads started at 17K and maintained a consistent range, ending the quarter at 16K. Weekly active users showed a positive trend, starting at 296K and growing to 342K by the end of June.

CBD - Instant digital banking saw a varied download pattern, starting at 16K, dipping to 9K in late April, and then rising again to 22K by early June. The app's active users showed growth from 90K at the beginning of the quarter to a peak of 115K in mid-June, before settling at 100K by the end of the period.

Mashreq UAE - Mobile Banking maintained a steady download rate, with figures around 13K to 14K throughout the quarter. Active users for this app showed a gradual increase, starting at 97K and reaching 105K by the end of June.

These insights highlight the dynamic nature of consumer finance apps in the region. For more detailed data and further insights, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2024