Top 5 Consumer Finance Apps in UAE Q3 2024: Performance Overview

During the third quarter of 2024, the top consumer finance applications in the United Arab Emirates showcased varied performance in terms of downloads and active user engagement, as per data from Sensor Tower. Here’s a closer look at the trends for each app on the unified platform:

ADCB maintained a consistent presence, with weekly downloads peaking at around 20.3K at the beginning of July and ending the quarter with approximately 17.8K. The app also saw a healthy number of active users, fluctuating between 277.7K and 296.2K, demonstrating strong user engagement throughout the quarter.

The Mashreq UAE app experienced a steady download rate, beginning at 18.2K and closing the quarter at 17.8K. Its active user base showed a gradual increase, starting at 145.5K in early July and reaching 153.9K by the end of September.

For the CBD - Instant digital banking, downloads started at 21.5K and saw a dip mid-quarter, followed by a rise to 20.2K by the end of September. Active users showed a similar pattern, starting at 172.1K, dipping slightly, and then rising to 184.5K by the quarter's end.

FAB Mobile Banking saw an initial spike in downloads to 16.8K in the second week of July, followed by fluctuations, ending at 13.3K. The app's active users peaked at 238.1K in early July, with a slight decline and then stabilization around 223.3K towards the end of the quarter.

Finally, the Liv X Mobile Banking App had a notable surge in downloads, reaching 30.3K in early September, but later stabilized at 10.4K by the end of the quarter. Unfortunately, active user data for this app was not available.

For more detailed insights and data, visit Sensor Tower.