AI Insights · Timothy · April 2021
Q1 2021 US iOS Consumer Finance Apps Performance
An overview of the top 5 consumer finance apps on the iOS platform in the United States for the first quarter of 2021, highlighting key performance metrics.
The first quarter of 2021 has shown considerable activity in the consumer finance app market on the iOS platform within the United States. Sensor Tower's data provides a snapshot of the performance of the top five consumer finance applications during this period.
Starting with Cash App, the app saw downloads fluctuating around the 400K mark, with a peak of 538K in the last week of January. Weekly active users started at over 10M and saw a spike to nearly 12M in late February.
Next, Venmo maintained a steady download rate, beginning with 252K and peaking at 277K in late January. The app's weekly active users dipped from 9.6M to around 8.6M in mid-January but recovered to surpass 11M by the end of March.
Zelle witnessed a consistent download pattern in the range of 130K to 168K, with its highest in early February. The weekly active users showed an upward trend, starting at around 606K and climbing to nearly 690K in early March.
The Chase Mobile®: Bank & Invest app experienced downloads mostly in the range of 103K to 153K, with its peak in mid-March. The weekly active users count wavered, starting at over 8.4M, dipping below 7.5M in mid-January, and then rising again to over 8M in mid-March.
Lastly, Capital One Mobile downloads ranged from 98K to 131K, peaking in mid-January. Its weekly active users showed a decline from 6M at the start of the quarter to a low of 5.2M in late January, before climbing back to 5.8M by the quarter's end.
For more detailed insights and data, readers can explore the full reports on Sensor Tower.
