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AI Insights · Timothy · June 2024

Top 5 Finance Apps on Android in Saudi Arabia Q2 2024

Explore the performance of the top 5 finance apps on the Android platform in Saudi Arabia during Q2 2024, with insights on downloads, revenue, and active users.

Top 5 Finance Apps on Android in Saudi Arabia Q2 2024

During the second quarter of 2024, the top finance apps on the Android platform in Saudi Arabia demonstrated varying trends in downloads, revenue, and active user metrics. Here’s a closer look at the performance of these apps based on data from Sensor Tower.

alrajhi bank saw a notable fluctuation in its weekly downloads, starting with 56.5K at the beginning of April and peaking at 74.3K in mid-May. The app's downloads then gradually declined to 49.1K by the end of June. Despite these variations, active users remained relatively stable, hovering around 1M, with a slight increase to 1.14M in late April.

stc pay experienced a steady download rate, beginning the quarter with 44.9K weekly downloads and finishing with 44.3K. The app's active user base showed some fluctuations, starting at 414K and witnessing a decrease to 343K in mid-June, before climbing back to 364K by the end of the quarter.

SNB Mobile had a consistent download performance, with numbers ranging from 18.1K to 28.8K throughout the quarter. Active users for SNB Mobile also showed stability, starting at 191K and ending at 203K, with minor fluctuations in between.

mada Pay maintained a stable download rate, beginning at 22.5K and ending at 19.9K. The app's active user count remained strong, starting at 387K and peaking at 437K in late April, before settling at 408K by the end of June.

Sahm - Stock Trading showed a diverse trend in downloads, starting with 22.7K in early April and seeing a peak of 25.9K in the second week. The app's revenue also saw an upward trend, beginning at approximately $704 and peaking at $2.08K in the final week of June.

For more detailed insights and data analysis, visit Sensor Tower.


Sensor Tower's platform is an enterprise-level offering. Interested in learning more?


Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: June 2024