Enjaz App is a digital remittance and banking utility for expatriate workers in Saudi Arabia, providing international money transfers and bill payments on iOS and Android.
Product velocity
Maintenance
Daily rank 🇺🇸
—
Finance
Sentiment
3.2
11k reviews
Nemesis
Robinhood: Trading & Investing
The App DNA
What makes this app unique?
Users hire Enjaz to move funds across borders using a trusted bank-linked gateway, avoiding the physical branch visits required by traditional remittance centers.
For Expatriate workers in Saudi Arabia requiring international money transfer services and local bill payment utilities.
What does it look like?
Key features
Allows non-enrolled users to transfer using ID and mada cards, reducing onboarding friction.
Instant card issuance without branch visits, driving digital adoption.
How much does it cost?
The app operates as a free-to-use digital channel for Bank AlBilad, monetizing through transaction fees on international remittances.
Velocity
Maintenance developmentperformanceopaqueShow more...
The app has been effectively dormant for over five months, with the last recorded updates occurring in early December 2025. The release history shows only two minor maintenance patches across iOS and Android, both containing generic performance and stability improvements. There is no evidence of new features, content, or live operations. Development appears to be in a maintenance state with no active roadmap visible in the App Store changelogs.
Who built it?
AL BILAD BANK
4 apps tracked · Finance
AlbiladVerse
فاذكروني
Bank Albilad AppUser Sentiment
What do users think recently?
How are ratings & reviews evolving?
Not enough recent reviews to extract reliable themes yet.
Read the full review analysisCompetition
Competitive landscape for Enjaz App
How's the Finance market?
Enjaz App holds a #49 rank on the Saudi Finance chart, though its #100 position in the 6015 category indicates narrowing market reach. The lack of major updates in the last 6 months signals a defensive posture against fee-free challengers.
Read the market outlookThe rivals identified
By Robinhood Markets, Inc.
Robinhood competes for the same digital-first financial user base, shifting the focus from traditional banking remittances to high-frequency investment and wealth management.
- Offers advanced algorithmic trading tools like Robinhood Cortex which are absent in Enjaz's remittance-focused ecosystem.
- Provides a gamified, high-engagement interface that encourages daily active usage compared to Enjaz's transactional utility model.
- Integrates sophisticated prediction markets and crypto-trading features that capture a younger, risk-tolerant demographic of investors.
NEOContender
D360 BankContender
Alinma App - تطبيق الإنماءContender
腾讯自选股-在线炒股票证券交易Contender
BOCHK 中銀香港Contender
Hang Seng Personal BankingContender
Wealthscape Investor℠Contender
KAPITALBANK. OnlineContenderUnlock the head-to-head verdict: where this rival wins, and where it loses.
Access the full report for freeThe Analyst's Read
Key takeaways for Enjaz App
Where is it heading?
The Saudi remittance market is consolidating around fee-free digital challengers, and Enjaz's reliance on a legacy transactional model creates a clear churn risk. Without a shift toward broader financial utility or reduced onboarding friction, the app will continue to lose share to rivals that capture the user's daily wallet.
- The 6-month feature drought signals a maintenance-mode posture, leaving the app vulnerable to faster-moving rivals like D360 Bank.
- Falling category rankings suggest the current remittance-only utility is losing share to broader digital wallets that offer daily financial engagement.
The SWOT
- Bank-grade remittance reliability via Al Bilad
- 8-language support captures diverse migrant corridors
- B2B remittance partnerships for new corridors
- Wearable integration for balance checks
Next best moves
Pivot onboarding flow to include automated ID verification because manual friction is the top barrier → increase conversion rate.
+ 1 more prioritized moveThe counter-intuitive read
The app's lack of feature updates is a…
Read the full takeFeature gaps
Fee-free transfers (available in D360 Bank but absent here) +1
Since the last report: The product strategy shifted from loyalty-based retention to onboarding optimization, while the competitive analysis narrowed its focus to fee-free banking challengers.
Bottom line
Enjaz App defends its remittance niche through bank-grade reliability, but the lack of feature evolution leaves it exposed to fee-free challengers, so the PM must prioritize reducing onboarding friction to protect the user funnel.
Unlock 2 critical frictions, 2 market threats, 1 more prioritized move and the analyst’s take.
Access the full report for freeSources
Report last updated