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AI Insights · Timothy · July 2023

Top 5 Consumer Finance Apps in Saudi Arabia Q2 2023 Performance

In Q2 2023, the top consumer finance apps in Saudi Arabia showed varied trends in weekly downloads and active users. Here’s a closer look at the performance of these apps.

Top 5 Consumer Finance Apps in Saudi Arabia Q2 2023 Performance

In Q2 2023, the top consumer finance applications in Saudi Arabia demonstrated significant activity in terms of downloads and active users. Here’s a detailed overview of their performance:

AlRajhi Mobile saw its weekly downloads fluctuate throughout the quarter. Starting at 109K in late March, there was a dip to 84K in mid-April, followed by a peak of 138K in the last week of May. By the end of June, downloads had decreased to 82K. The app maintained a robust weekly active user base, starting from 3.9M in late March, peaking at 4.1M at the end of May, and ending the quarter at 3.9M.

SNB Mobile experienced varied download trends. Weekly downloads started at 71K in late March, peaked at 75K in late May, and concluded at 46K by the end of June. The active user count began at 759K in late March, saw a peak of 728K in mid-April, and dropped to 616K by late June.

Alinma App - تطبيق الإنماء showed growth in downloads, beginning at 44K in late March, dipping to 17K in mid-April, and rising again to 41K by mid-June. Active users increased consistently from 97K in late March to a peak of 183K by mid-June, ending the quarter at 164K.

Alinma Bank had a relatively stable download trend, starting at 23K in late March, with minor fluctuations throughout the quarter, ending at 13K in late June. The active user base remained steady, starting at 434K in late March, peaking at 445K at the end of May, and finishing at 414K by the end of June.

Riyad Bank Mobile showed a consistent download pattern, beginning at 17K in late March, with slight variations, and ending at 12K in late June. The active user count started at 297K in late March, with minor dips and peaks throughout the quarter, concluding at 278K by the end of June.

These insights are based on data from Sensor Tower. For more detailed analytics and insights, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2023