AI Insights · Timothy · October 2021
Top 5 Finance Apps in the US for Q3 2021
Explore the performance of the top 5 finance apps in the US for Q3 2021, including trends in downloads, revenue, and active users.
In Q3 2021, the top five finance applications on a unified platform in the United States showed varied performance trends in terms of weekly downloads, revenue, and active users. The data, sourced from Sensor Tower, provides insights into the market dynamics of these leading apps.
QuickBooks Self-Employed from Intuit Inc. experienced fluctuating weekly revenue, peaking at approximately $492K in late June and $484K at the end of September. Weekly downloads saw a peak of around 10K in mid-July, but gradually declined to approximately 6.6K by the end of the quarter. Weekly active users also saw a decline from approximately 128K in June to 108K by September's end.
MileIQ: Mileage Tracker & Log by MileIQ Inc. showed a steady revenue increase, starting at around $170K in late June and reaching nearly $200K by the end of September. Downloads ranged from 5.3K to 6.9K over the quarter, with a notable peak in late August. Active users remained relatively stable, fluctuating slightly around the 120K to 127K range.
Rocket Money - Bills & Budgets exhibited consistent weekly revenue, with minor fluctuations around the $90K to $102K range. Downloads saw significant peaks, particularly in early August with approximately 91K downloads, but tapered off to around 66K by the end of September. Active users showed a positive trend, peaking at around 794K in late August before stabilizing around 770K by the end of the quarter.
Credit Sesame: Build Score by Credit Sesame, Inc. recorded steady revenue growth, peaking at roughly $93K in mid-September. Downloads remained consistent, ranging from 26K to 35K weekly, with a slight uptick in late August. Active users fluctuated but generally hovered around the 280K to 295K range throughout the quarter.
Seeking Alpha: News & Analysis by Seeking Alpha Ltd. saw a more varied revenue trend, starting at approximately $76K in late June and dropping to $45K by late September. Downloads remained relatively low, peaking at around 3.7K in late June but dropping to as low as 1.5K in mid-September. Active users also saw a decline from about 240K in late June to approximately 229K by the end of September.
For more detailed insights and trends, visit Sensor Tower.
