Top 5 Finance Apps in Saudi Arabia: Q2 2023 Performance

In the second quarter of 2023, the top five finance applications in Saudi Arabia showed significant activity across both iOS and Android platforms. Here’s a detailed look at their performance, based on data from Sensor Tower.

AlRajhi Mobile had a dynamic quarter, with weekly downloads ranging from 81K to 138K. The highest downloads were observed in the week of May 29. Despite fluctuations, the app maintained a robust user base, with weekly active users peaking at around 4M in late May.

stc pay experienced notable trends in downloads, starting the quarter with 72K downloads and hitting a maximum of about 119K in mid-April. The app’s active user count remained consistent, hovering between 600K and 675K weekly.

SNB Mobile saw its weekly downloads fluctuate between 45K and 75K, with a peak in late May. The number of active users also showed variability, starting at approximately 759K in late March and dropping to around 615K by the end of June.

Emkan Finance had a more modest performance in terms of downloads, starting at 72K in late March and decreasing to about 23K by the end of June. Active users followed a similar trend, peaking at around 140K in late March and declining to 76K by the end of the quarter.

Lastly, urpay exhibited significant fluctuations in weekly downloads, with a high of 188K in mid-April and a low of 15K in mid-May. The app's active user base showed resilience, peaking at approximately 895K in mid-April and maintaining around 768K by the end of June.

These insights highlight the dynamic nature of the finance app landscape in Saudi Arabia. For more detailed analytics and trends, visit Sensor Tower.