Top 5 Investing Apps in Saudi Arabia Q4 2024 Performance

In the fourth quarter of 2024, the investing and financial management app market in Saudi Arabia saw notable trends across both iOS and Android platforms. Here's a breakdown of the performance of the top five apps in this category.

Sahm - Stock Trading from Sahm Capital Financial Company experienced an upward trend in weekly downloads, starting at around 18K at the beginning of the quarter and peaking at approximately 34K by the end of December. Revenue showed fluctuations, with a notable increase reaching around $24K in the final week. Active users grew steadily, beginning at 177K and ending the quarter at about 193K.

AlRajhi Capital maintained a strong presence in the market with weekly downloads fluctuating between 18K and 30K, peaking in early November. Active users started at 864K, seeing a decline mid-quarter, but stabilized around 594K by the end of December.

وسيط EO had varied download numbers, beginning at 24K and experiencing a dip mid-quarter before stabilizing around 18K. Active users started at 70K, saw a drop to 35K, but recovered to approximately 57K by the quarter's end.

دينار | Dinar showed a dramatic increase in downloads, especially in early December, reaching over 51K. Active users also climbed steadily, from 19K at the start to about 95K by the end of the quarter.

Binance: Buy Bitcoin & Crypto saw steady download numbers, peaking at 24K in early December. Active users were robust, starting at 468K, peaking at 666K mid-quarter, and closing at 534K.

These insights are sourced from Sensor Tower, where further detailed analysis can be found.