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AI Insights · Timothy · October 2024

Top 5 Consumer Finance Apps on Android in Middle East, Q3 2024

Explore the performance trends of the leading consumer finance apps on Android in the Middle East during Q3 2024, based on Sensor Tower data.

Top 5 Consumer Finance Apps on Android in Middle East, Q3 2024

During the third quarter of 2024, the consumer finance app landscape on the Android platform in the Middle East showed dynamic trends. According to data from Sensor Tower, these top-five applications demonstrated varying patterns in weekly downloads and active user engagement.

alrajhi bank maintained a robust presence with an upward trajectory in weekly downloads, starting at approximately 52K and reaching over 83K by the end of September. Its active user base remained strong, fluctuating around the 1.1M mark, with a slight peak at 1.17M in late July.

SNB Mobile experienced a consistent download rate, peaking at about 30K in late July before settling around 24K by the end of the quarter. Active users exhibited similar stability, averaging around 190K, with minor fluctuations throughout the period.

The Alinma App - تطبيق الإنماء showed a steady performance in downloads, ranging between 14K to 19K. Active user numbers increased gradually over the quarter, beginning at approximately 349K and closing at 401K by the end of September.

For CBD - Instant digital banking, downloads started around 17K, dipped mid-quarter, and then increased to 16K by the end of September. Active users remained relatively stable, with a slight increase from 98K to 105K.

Lastly, Mashreq UAE - Mobile Banking saw consistent download figures, averaging around 13K. Active user numbers showed a gradual increase, closing the quarter at approximately 109K.

These insights provide a snapshot of the app performance trends in the consumer finance sector across the Middle East. For more detailed analysis and insights, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2024