Top 5 Finance Apps on Android in the Middle East: Q3 2024

In Q3 2024, the finance app sector on the Android platform in the Middle East saw varying performance metrics across the top five applications, according to Sensor Tower data.

alrajhi bank experienced a noticeable increase in weekly downloads, peaking at approximately 83K by the end of September. Active users for this app remained relatively stable, with minor fluctuations, maintaining over 1.1M throughout the quarter.

stc pay showed consistent weekly downloads, averaging around 40K to 44K, with a slight uptick towards the end of the quarter. Active users demonstrated a steady trend, fluctuating around 390K, with a peak in mid-September.

The newcomer, barq, launched in July 2024, quickly gained traction, with downloads rising to 54K in early September. Active users mirrored this growth, reaching 87K in mid-August before settling around 50K by the end of the quarter.

Binance: Buy Bitcoin & Crypto saw a surge in downloads, especially in the second half of September, peaking at nearly 60K. Active users remained resilient, hovering between 200K and 230K, with a peak followed by a slight dip towards the end of September.

Finally, ExpertOption - Mobile Trading experienced a decline in weekly downloads over the quarter, starting from 30K and dropping to about 20K. The active user base also saw a downward trend, starting at 36K in July and decreasing to about 29K by the end of September.

For more detailed insights and analysis, visit Sensor Tower's comprehensive report on app performance.