AI Insights · Timothy · September 2024
Top 5 Personal Finance Apps Performance in Saudi Arabia Q3 2024
Discover the performance trends of the top personal finance apps in Saudi Arabia during Q3 2024, with insights on downloads, revenue, and active users.
In the third quarter of 2024, the personal finance budgeting and planning apps sector in Saudi Arabia showcased varied performance trends across the top five applications. The data sourced from Sensor Tower provides a detailed overview of these trends on a unified platform.
Drahim: Manage & Grow Finances saw a significant increase in weekly revenue, peaking at approximately $3.8K by the end of September. The app's weekly downloads also demonstrated a fluctuating pattern, reaching a high of nearly 49K in the first week of September.
Malaa: Track, Save & Invest maintained a steady download rate, with a notable peak of about 4K downloads at the start of September. However, the app reported no revenue during this period.
The app وفير : تتبع المصروفات الذكي experienced modest weekly revenue, reaching around $400 by the end of the quarter. Downloads showed a slight decline throughout the quarter, with numbers starting at over 1.7K in early July and settling at around 1.2K by the end of September.
Cash Book- daily expenses recorded minimal revenue, remaining consistently low throughout the quarter. The app saw a steady number of weekly active users, with a noticeable increase to about 6.7K by the end of September. Downloads varied, peaking at over 1.4K in the final week of the quarter.
Lastly, Splitwise showed a stable revenue trend, ending the quarter with approximately $547. The app's downloads and active users remained relatively steady, with minor fluctuations, hitting just over 800 downloads in the final week and active users reaching about 5.1K.
For more detailed insights and analysis, visit Sensor Tower.