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AI Insights · Timothy · October 2024

Top 5 Consumer Finance Apps on iOS in Saudi Arabia Q3 2024

Explore the performance trends of the leading consumer finance apps on iOS in Saudi Arabia for Q3 2024, highlighting download and active user metrics.

Top 5 Consumer Finance Apps on iOS in Saudi Arabia Q3 2024

During the third quarter of 2024, the consumer finance app landscape on the iOS platform in Saudi Arabia showcased notable trends. According to data from Sensor Tower, AlRajhi Mobile maintained a strong presence with weekly downloads fluctuating between 34K and 48K. The app's weekly active users consistently hovered around 2.7M to 2.8M, reflecting a stable user base throughout the quarter.

SNB Mobile also demonstrated steady performance with weekly downloads ranging from 21K to 28K. The app's active user count saw minor fluctuations, peaking at around 448K at the end of July before settling around 407K by the end of September.

The Riyad Bank App experienced a surge in downloads mid-quarter, reaching a high of approximately 59K in the week of September 23. This increase highlights the app's growing popularity among users during this period.

The Alinma App - تطبيق الإنماء maintained a consistent download rate, generally hovering around 18K to 20K weekly. Active user engagement remained robust, with numbers steadily increasing from 557K to nearly 590K by the end of the quarter.

Drahim: Manage & Grow Finances showed a dynamic performance in terms of revenue, starting from $911 and peaking at over $3K by the end of September. Downloads for this app saw a remarkable spike, particularly in August, when numbers soared to over 37K, indicating a significant growth phase.

These insights from Sensor Tower reveal the dynamic nature of the consumer finance app market in Saudi Arabia, with each app showing unique trends in user engagement and downloads. For more detailed insights, Sensor Tower's data provides a comprehensive view of app performance metrics.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2024