Top 5 Finance Apps on iOS in Egypt for Q3 2024

In the third quarter of 2024, the finance app category on iOS in Egypt showed varied performance across the top five applications, according to Sensor Tower data. Let's delve into the trends observed for each app during this period.

InstaPay Egypt experienced a fluctuating pattern in weekly downloads, beginning with around 44K in early July, dipping to 24K the following week, and reaching a peak of approximately 46K in late August. Meanwhile, weekly active users maintained a steady increase, starting from 540K in early July and climbing to about 561K by the end of September.

Halan: Lending, BNPL, Payments saw a notable surge in weekly downloads mid-quarter, rising from 4.3K in early July to a significant 55.7K in the first week of August. Active users followed a similar upward trajectory, peaking at roughly 80.8K during the same period before stabilizing around 42K by the end of September.

myfawry maintained a consistent download rate throughout the quarter, oscillating between 6K and 8K weekly. The app's active user base mirrored this stability, with numbers ranging from 56K to 72K, closing the quarter on a high note with 72K active users.

وفرها - Waffarha showed a strong start with weekly downloads hitting 9.1K in late July. However, the numbers gradually declined, ending the quarter at about 4K. Active users displayed a similar trend, starting at 85.9K in early July and decreasing to around 78.4K by September's end.

Lastly, Sahl سهل - Payments Made Easy exhibited modest growth in downloads, peaking at 8.6K in late August. The app's active users rose steadily, beginning at 47.1K and reaching nearly 55.6K by the close of the quarter.

These insights reflect the diverse dynamics of finance apps in Egypt's iOS market during Q3 2024. For more detailed analysis and data, visit Sensor Tower.