AI Insights · Timothy · October 2024
Q3 2024 iOS Personal Finance Apps in Saudi Arabia
Explore the performance of the top 5 personal finance budgeting apps on iOS in Saudi Arabia during Q3 2024, highlighting trends in downloads and revenue.
In the third quarter of 2024, personal finance budgeting and planning apps on iOS in Saudi Arabia showed varied performance trends, as reported by Sensor Tower. Here's a closer look at the top five applications in this category.
Drahim: Manage & Grow Finances, developed by Drahim LLC, saw a significant increase in revenue towards the end of the quarter. Starting at approximately $911 in early July, the revenue climbed steadily, peaking at around $3.1K by the end of September. Downloads followed a similar upward trajectory, with an impressive spike to over 38K in the first week of September, showcasing a strong presence in the market.
Splitwise, from Splitwise, Inc., maintained a moderate revenue stream with slight fluctuations, starting the quarter at $309 and ending at $285. The app's downloads remained steady, with a slight increase towards the end of the quarter, reaching nearly 587 in the last week of September. Weekly active users saw a gradual increase, rising from 2.9K to over 3.1K by the quarter's end.
وفير : تتبع المصروفات الذكي by Wafeer Holding LTD experienced a notable peak in revenue in late September, reaching $398, up from $296 at the quarter's start. Downloads were relatively stable throughout the quarter, with a slight increase towards the end, culminating in over 535 downloads in the last week.
SpendNotes - Budget Tracker, developed by Suhaib Al-Absi, saw a modest revenue stream, fluctuating slightly throughout the quarter and settling at $41 by the end of September. Downloads showed a similar pattern, with a small peak of 356 downloads in the penultimate week of the quarter.
Finally, Zekko-Make friends&plans, a newer entrant, saw its revenue peak at $287 in mid-July before tapering off. The app's downloads also showed an initial surge, reaching 632 in the second week of July.
These insights into app performance in Saudi Arabia during Q3 2024 highlight the dynamic nature of the personal finance app market. For more detailed insights and data, visit Sensor Tower.
