AI Insights · Timothy · January 2025
Top 5 Investing Apps on Android in Saudi Arabia Q4 2024
Explore the performance of the top 5 investing and financial management apps on Android in Saudi Arabia during Q4 2024, with insights on downloads and active users.
In the fourth quarter of 2024, the top investing and financial management apps on the Android platform in Saudi Arabia showcased varied performance in terms of downloads and active user engagement. Here is a detailed look at their trends based on data from Sensor Tower.
ExpertOption - Mobile Trading saw weekly downloads start at around 14.9K, then gradually decreased to 8.2K by late October. However, there was a resurgence in December with downloads peaking at approximately 11.6K. Active users initially numbered about 54.4K, dipping to 19.7K by the end of October, then recovering to around 44.3K at the year's end.
Binance: Buy Bitcoin & Crypto experienced a consistent download trend, starting at 11.9K and reaching 13.4K in early December. Active users showed a varied pattern, beginning at 259.7K and peaking at 371.5K in early December, before settling at 297.1K by the end of the quarter.
Sahm - Stock Trading had a notable increase in downloads, starting at 8.1K and hitting a high of 13.2K by the end of December. Weekly active users also climbed steadily from 85.5K to nearly 89K, indicating strong engagement.
alrajhi capital saw a decrease in downloads from 8.9K to 5.3K throughout the quarter. Active users followed a declining trend, beginning at 200K and ending at about 138.8K.
Finally, Exnova - Mobile Trading App experienced a surge in downloads mid-quarter, peaking at 13.7K in November. Active users also increased from 2.4K to a high of 14.1K in early December, before decreasing to 8.9K by year's end.
For more detailed insights into app performance and trends, visit Sensor Tower.