Codebase Technologies

Banking SuperApps: A Strategic Whitepaper

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MENA SuperApps market is set to grow 5× by 2030 from $5.3B to over $30B unlocking massive digital revenue potential for banks. 

SuperApps are redefining the future of banking – and the time for MENA banks to act is now. Globally valued at over $60 billion in 2022 and projected to soar to $426 billion by 2030, the SuperApp market is one of the fastest-growing digital ecosystems. In the Middle East and Africa alone, the market is expected to expand at a 28% CAGR, reaching over $30 billion. With over 300 million mobile internet users and rising smartphone penetration, regional banks have a unique window to leapfrog into the future with a SuperApp model that delivers both utility and innovation at scale. 

The payoff is clear and measurable. Banks that have successfully transitioned into SuperApps are seeing transformative results. Kazakhstan’s Kaspi.kz tripled its revenue in four years post-transformation, while Al Hilal Bank acquired 140,000 digital customers within 12 months of launching its SuperApp. SuperApps also deliver 70–80% user retention year-on-year – far higher than the ~50% average for traditional banking apps. This means more engaged users, higher cross-sell potential, and sustainable revenue growth through embedded services and digital experiences. 

This whitepaper explores the opportunity in depth and shows you how to seize it. Packed with market insights, adoption benchmarks, financial impact studies, and a MENA-specific perspective, the report provides a strategic roadmap for banks evaluating or building SuperApp models. Learn how global and regional leaders did it, where the pitfalls lie, and what tools, tech, and partners you need to succeed. Download the whitepaper now and equip your team with the knowledge to lead in the next era of digital banking.

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Codebase Technologies breaks down the barriers to digital transformation with its enterprise technology solutions. Download this whitepaper to find out more about how we demystify digital financial services

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Codebase Technologies breaks barriers to digital transformation with its enterprise technology solutions. Get in touch to discuss how we can demystify digital financial services together.

By clicking 'Submit', I hereby agree to accept the following Privacy & Policy and Term of Use and allow Codebase Technologies to store my data.

Let’s create progress together

Codebase Technologies breaks down the barriers to digital transformation with its enterprise technology solutions. Get in touch to discuss how we can help you demystify digital financial services.

By clicking 'Submit' , I hereby agree to accept the following Privacy & Policy
and Term of Use and allow Codebase Technologies to store my data.