State of AI 2026 Report Is Live!

Blog

AI Insights · Timothy · April 2021

Top 5 Business Finance Apps on Android in the US - Q1 2021 Performance

A glimpse into the performance of the leading Business Finance & Solutions apps on Android in the US for Q1 2021, showcasing download and user trends without revenue due to a lack of monetization in this period.

Top 5 Business Finance Apps on Android in the US - Q1 2021 Performance

The first quarter of 2021 has been an intriguing period for Business Finance & Solutions applications on the Android platform in the United States. Here, we take a look at the performance of the top 5 apps in this category, based on data from Sensor Tower.

ADP Mobile Solutions saw a decrease in downloads from 60K in mid-January to 38K by the end of March. Despite this decline, weekly active users peaked at 1.58M in mid-January, before tapering off to 1.41M by the end of the quarter.

PayPal Business experienced fluctuations in downloads, starting at 19K at the end of December, dipping to 14K in early February, and then surging to 23K by the end of March. Weekly active users showed a gradual increase from 126K in the first week of January to 150K by the end of March.

Square Point of Sale: Payment maintained a relatively steady download rate, beginning with 14K at the end of December and ending with a similar figure of 17K in the last week of March. The app's weekly active users saw a slight decline from 188K in mid-January to 168K at the close of the quarter.

QuickBooks Online Accounting showed a notable revenue trend, with a peak of $65K in weekly revenue at the start of March. Downloads remained fairly consistent, hovering around 15K to 20K throughout the quarter. Active users experienced a slight drop from 105K at the end of December to 99K by the end of March.

QBSE, also by Intuit Inc, demonstrated an increase in revenue from $90K at the end of December to $109K in early March, before falling to $86K by the end of the period. Downloads saw a peak in late February with 7.6K, while weekly active users declined from 59K at the end of December to 51K by the end of March.

For more insights into the performance of these and other applications, Sensor Tower's comprehensive data provides a deeper dive into the trends and numbers driving the Business Finance & Solutions category.


Sensor Tower's platform is an enterprise-level offering. Interested in learning more?


Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2021