AI Insights · Timothy · October 2024
Top 5 Consumer Finance Apps on Android in Egypt: Q3 2024 Performance
Explore the performance trends of the top 5 consumer finance apps in Egypt during Q3 2024, highlighting key metrics such as downloads and active users.
In the third quarter of 2024, the top consumer finance applications on the Android platform in Egypt demonstrated varying performance trends. Data from Sensor Tower provides insights into weekly downloads and active user metrics for these applications.
Mashreq Egypt saw a dynamic trend in its weekly downloads, beginning the quarter with 118K downloads and experiencing a slight decline mid-quarter before stabilizing around 52K by the end of September. Active users for Mashreq Egypt started at 339K, with a notable increase towards the end of the quarter, reaching approximately 403K.
BM Online maintained a steady flow of downloads throughout the quarter, starting with 38K and peaking at 43K in early September. The application’s active users showed fluctuations, beginning at 235K, dipping slightly mid-quarter, and closing the quarter with around 234K.
NBE Mobile recorded a consistent download trend, with figures hovering between 29K and 35K weekly. The app's active user base remained robust, starting at 1.09M and gradually increasing to approximately 1.19M by the end of September.
CIB Egypt Mobile Banking experienced a slight increase in downloads early in the quarter, from 6.6K to 8.4K, before tapering off to around 6K by the end of September. Active users started at 122K, fluctuated throughout the quarter, and ended slightly higher at 114K.
Lastly, BM Online UAE had a steady download rate, beginning with 6.7K and concluding the quarter with approximately 4.9K. Unfortunately, no active user data was provided for this app.
For more detailed insights and data on these applications, visit Sensor Tower.
