Top 5 Finance Apps on iOS in Saudi Arabia: Q3 2024 Performance Overview

In the third quarter of 2024, the finance app landscape in Saudi Arabia on the iOS platform witnessed notable trends in downloads and active users, as reported by Sensor Tower.

barq, published by Barraq Finance Company, saw a substantial surge in weekly downloads, peaking at over 170K in mid-August. However, this trend tapered off, dropping to about 26K by the end of September. Active user numbers mirrored this initial growth, climbing from 8.2K to over 334K by late August before gradually declining to around 276K by the end of the quarter.

AlRajhi Mobile from Al Rajhi Banking and Investment Corporation maintained a relatively stable download pattern throughout the quarter, with weekly downloads hovering around 34K to 48K. Active user engagement remained robust, consistently staying above 2.7M, with slight fluctuations observed.

stc pay, developed by STCPay, experienced a consistent flow of downloads, ranging from 25K to 33K weekly. The app's active users also showed stable engagement, maintaining figures between 262K and 291K through the quarter.

SNB Mobile, by The Saudi National Bank, demonstrated a steady download rate starting at 24K in early July and slightly decreasing towards the quarter's end. Active users saw a peak in late July at 448K, followed by some variations, ending the quarter with approximately 408K active users.

Lastly, the Riyad Bank App showed a significant increase in downloads during August, reaching a peak of over 59K in late September. Active users also grew steadily, starting from 11K in early July and reaching over 116K by the end of September.

These insights into the top finance apps in Saudi Arabia highlight the dynamic user engagement and download trends within the sector. For more detailed analytics and trends, Sensor Tower offers comprehensive data and insights.