AI Insights · Timothy · April 2021
Q1 2021 Performance of Top P2P Payment Apps on iOS in the US
A glance at the Q1 2021 performance of leading iOS peer-to-peer payment apps in the US, showcasing downloads and active users on Sensor Tower.
As the first quarter of 2021 came to a close, Sensor Tower data presents an intriguing landscape for the top peer-to-peer (P2P) payment applications on the iOS platform in the United States. Here's a brief overview of their performance in terms of downloads and weekly active users.
Cash App maintained a strong user base with weekly active users fluctuating around the 10M to 11M range throughout the quarter. Downloads started at approximately 428K in the last week of December, saw a peak of 538K in late January, and generally hovered around the 380K to 420K mark.
Venmo observed a steady download trend, beginning with around 252K in late December and peaking at 277K in the last week of January. Active users showed an upward trend, starting at roughly 9.6M and reaching over 11M by the end of March.
Zelle showed consistent growth in both downloads and active users. Downloads ranged from 129K to 168K, with weekly active users starting at around 606K and climbing to approximately 689K by early March.
BOSS Money: Send Cash Fast had downloads in the range of 6K to 8K, with an increase in weekly active users from about 24K in late December to over 25K by mid-March.
ATH Móvil displayed a download count starting at 7K and dipping to 4.7K by the end of March, with active users peaking at around 61K in late January and then settling to just over 57K by the end of the quarter.
It's important to note that these figures represent trends and rounded estimates of app performance. For more detailed insights, Sensor Tower's platform offers in-depth data and analysis.
