AI Insights · Timothy · October 2024
Top 5 Finance Apps on iOS in Algeria: Q3 2024 Overview
In Q3 2024, finance apps in Algeria showed varied trends in downloads and active users. Discover the performance of leading apps like BaridiMob and Binance on iOS.
In the third quarter of 2024, the finance app landscape on iOS in Algeria displayed diverse performance metrics across leading applications. According to Sensor Tower data, BaridiMob from Algérie Poste saw a consistent increase in weekly downloads, beginning at approximately 3.5K in early July and peaking at 4.8K by the end of September. The app's weekly active users also experienced a gradual rise, moving from 16.5K to 18.4K over the quarter.
Binance: Buy Bitcoin & Crypto experienced a fluctuating download pattern, with numbers starting around 2.3K in July, dipping in mid-quarter, and then surging to over 3.3K by mid-September before settling at 2K by the end of the quarter. The active user base for Binance grew steadily, reaching a high of 1.7K in late September.
RedotPay also showed an upward trend in downloads. Starting at 1.8K in the beginning of July, downloads increased to over 2.4K in early September before slightly declining towards the end of the quarter.
The download figures for Wise (ex TransferWise) revealed a mild declining trend, beginning at approximately 1.2K and falling to 814 by the end of September. However, the active user base remained relatively stable, with a slight increase from 1.5K to 1.6K over the quarter.
Tonkeeper — TON Wallet downloads fluctuated significantly, starting at 1.4K in early July and dropping to 321 by the end of September. Despite this, the app's active users saw a notable increase, reaching over 2.7K in late September.
These insights from Sensor Tower highlight the varying dynamics within the finance app sector in Algeria, with distinct download and user engagement trends across the top applications. For more detailed analytics and insights, visit Sensor Tower.