AI Insights · Timothy · September 2024
Top 5 Consumer Finance Apps on Android in Algeria for Q3 2024
Discover the performance trends of the leading consumer finance apps in Algeria on Android during Q3 2024, featuring insights on downloads and active user numbers.
In the third quarter of 2024, the consumer finance app market in Algeria saw significant activity on the Android platform. Based on data from Sensor Tower, we examine the performance of the top five apps: BaridiMob, Moneco, APPLI SGA, CNEP Connect, and BNAtic - BNA.
BaridiMob from ALGERIE POSTE showed a robust trend in weekly downloads, starting the quarter with around 51.5K and peaking at 78.2K by late September. Despite fluctuations, the weekly active users remained strong, hovering around 800K throughout the quarter, with a slight peak reaching 832.9K in mid-July.
Moneco had a varied performance in downloads, beginning with approximately 3.7K and experiencing a dip mid-quarter, followed by a recovery to 6.7K in early September. The app did not report revenue or active user data during this period.
APPLI SGA by Société Générale Algérie saw a steady decrease in weekly downloads from an early high of 2.5K, dropping to around 1.3K by mid-September, before slightly recovering to 1.9K at the end of the quarter.
CNEP Connect maintained a consistent weekly download rate, starting at 1.9K and ending with about 1.7K. This stability in downloads suggests a loyal user base, although the app did not provide active user data.
Finally, BNAtic - BNA from Banque Nationale d'Algérie experienced a steady download trend, beginning with 1.4K and fluctuating slightly throughout the quarter, closing at approximately 1.4K.
For more detailed insights into these app performances and other market trends, visit Sensor Tower.