AI Insights · Timothy · October 2024
Top 5 Consumer Finance Apps in Saudi Arabia on Android in Q3 2024
Explore the performance trends of the leading consumer finance apps in Saudi Arabia's Android market during the third quarter of 2024, with insights on downloads and active user metrics.
During Q3 2024, the Android platform in Saudi Arabia saw notable activity in the consumer finance app sector. Here's a closer look at the performance of the top 5 apps based on downloads and active users.
alrajhi bank demonstrated a robust performance with weekly downloads starting around 51.4K and reaching a peak of approximately 82.1K by the end of September. The app maintained a strong user base, with weekly active users fluctuating between 1.07M and 1.14M throughout the quarter.
For SNB Mobile, the quarter kicked off with weekly downloads of 26.5K, experiencing a moderate rise to a high of 30.4K by July's end. Active users mirrored this trend, beginning at 189K and peaking at 204K towards the end of July before settling around 185K by quarter's close.
The Alinma App - تطبيق الإنماء saw its weekly downloads range from 14.6K to 19.6K, with a notable peak in mid-August. Active users consistently increased, growing from 345K in early July to a substantial 404K by the end of September.
STC Bank experienced a decline in downloads, starting at 12.8K and dropping significantly to 1.9K by the end of the quarter. Unfortunately, there is no active user data available for this app.
Lastly, the Riyad Bank App began the quarter with 2.4K downloads, witnessing a sharp increase to 17.7K in mid-August, and closing the quarter at approximately 12.8K downloads. Active user data for this app is not available.
These insights, provided by Sensor Tower, highlight the dynamic nature of the consumer finance app market in Saudi Arabia. For more detailed analytics, visit Sensor Tower's platform.