AI Insights · Timothy · October 2024
Top 5 iOS Finance Apps in the Middle East: Q3 2024 Performance
Discover the performance trends of the top finance apps on iOS in the Middle East during Q3 2024, highlighting download and active user statistics.
In the third quarter of 2024, the finance app landscape on the iOS platform within the Middle East showcased diverse trends, as revealed by Sensor Tower's data. Here's a closer look at the top five applications in this category.
barq by Barraq Finance Company marked a noticeable growth in its weekly downloads, starting at 15.2K and peaking at 172.3K in mid-August. However, this momentum gradually slowed down towards the end of September, with downloads falling to 26K. The app's weekly active users mirrored this trajectory, climbing from 8.1K to a high of 341.5K in late August before settling at 280.1K at the quarter's close.
The AlRajhi Mobile app maintained a consistent download rate, beginning with 47.2K in early July and ending at 43.5K by September. Active users for the app remained robust, fluctuating slightly around the 2.8M mark throughout the quarter, indicating a strong and stable user base.
stc pay experienced a relatively stable quarter in terms of downloads, with figures hovering between 25K and 29.7K. Active users for this app showed a modest increase, starting at 288.6K and closing at 286.3K, suggesting steady engagement without significant fluctuations.
SNB Mobile demonstrated a consistent download pattern, averaging around 24K per week, with minor variations throughout the quarter. Its weekly active users, however, exhibited a more dynamic pattern, peaking at 451.1K in late July before normalizing to 409.9K by the end of September.
Lastly, the Riyad Bank App showed a unique trend with a gradual rise in downloads from 5.5K in early July to a peak of 59.3K in late September. The app's active user data was not available, which leaves a gap in understanding its full user engagement.
For more comprehensive insights into these apps and others, the Sensor Tower platform offers detailed analytics and trends.