Top 5 Finance Apps in Saudi Arabia: Q3 2024 Performance

In the third quarter of 2024, the finance app landscape in Saudi Arabia saw significant movement across the top five applications. According to Sensor Tower data, these apps demonstrated varied trends in downloads and active user engagement.

barq from Barraq Finance Company started with a moderate number of downloads, which surged to over 222K by mid-August. However, the trend showed a decline towards the end of September, with downloads falling to around 64K. Active users followed a similar pattern, increasing to over 405K in early September before gradually decreasing to approximately 326K by the end of the quarter.

AlRajhi Mobile maintained a steady download rate, peaking at nearly 140K in the last week of September. The app saw a consistently high number of active users, fluctuating slightly but ending the quarter with around 4.36M users, indicating robust user engagement.

stc pay experienced a stable download trend, with numbers ranging from 62K to 77K throughout the quarter. Its active user base remained strong, finishing the quarter at approximately 662K, demonstrating consistent user interaction.

SNB Mobile had a steady download rate, with a slight dip mid-quarter and a recovery to about 46K by the end of September. The active users showed a similar pattern, closing the quarter at around 613K, slightly lower than its peak in late July.

tiqmo displayed an interesting trend in downloads, with a notable spike to approximately 144K in late September. Active users also increased significantly, peaking at over 741K before settling at around 512K at the quarter's end.

For further insights and detailed analytics, visit Sensor Tower.