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AI Insights · Timothy · July 2024

Top 5 Investing and Financial Management Apps on Android in Saudi Arabia: Q2 2024

Discover the performance of the top 5 investing and financial management apps on Android in Saudi Arabia during Q2 2024, including trends in downloads, revenue, and active users.

Top 5 Investing and Financial Management Apps on Android in Saudi Arabia: Q2 2024

In Q2 2024, Sahm - Stock Trading saw significant fluctuations in its performance metrics. Weekly revenue started at around $700 and peaked at $2.1K by the end of June. Downloads varied throughout the quarter, reaching a high of 26K in early April and closing at approximately 14.8K in the last week of June.

ExpertOption - Mobile Trading maintained a consistent download trend, starting at 17.4K and peaking at 20.3K in early May. Active users remained relatively stable, ranging from 19.6K to 25.7K, with a slight dip in June.

Binance: Buy Bitcoin & Crypto experienced a steady increase in weekly downloads, from 8.7K at the beginning of April to about 14.5K by the end of June. Active user numbers were consistent, averaging around 24K throughout the quarter.

alrajhi capital saw impressive growth in downloads, starting at 4.4K in early April and reaching a peak of 17.8K in early June. Active users also increased, from 57.9K in the first week of April to 84.8K by the end of May, before stabilizing around 64K in late June.

Olymp Trade - trading online had a varying download rate, starting at 4.5K and peaking at 7.7K in mid-April. Active users showed a downward trend, from 34.9K in early April to approximately 30.6K by the end of June.

For more insights into the performance of these apps, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2024