AI Insights · Timothy · April 2022
Top 5 iOS Finance Apps in the US: Q1 2022 Performance
Discover how the top finance apps like Cash App, PayPal, Venmo, Zelle, and TurboTax performed in the US during the first quarter of 2022 based on weekly downloads, revenue, and active users.
In Q1 2022, the performance of the top finance apps on the iOS platform in the United States showed notable trends in weekly downloads and active users, based on data from Sensor Tower.
Cash App maintained strong weekly downloads throughout the quarter, peaking at approximately 405K in the week of January 31. Active users showed a steady increase from 11.9M to 12.6M by the end of March.
PayPal - Send, Shop, Manage had consistent weekly downloads, ranging from 230K to 292K. The app's active users fluctuated, starting at 6.4M and ending the quarter at 6.3M.
Venmo saw weekly downloads between 214K and 261K. Active users increased from 10.8M to 12M over the quarter, indicating a growing user base.
Zelle experienced steady weekly downloads, reaching up to 182K. Active users also showed a gradual rise, starting at 732K and ending at 793K.
TurboTax: File Your Tax Return had a significant spike in weekly downloads early in the quarter, peaking at about 332K in the week of January 31. Active users mirrored this trend, growing from 398K to 1M by early February before stabilizing around 735K by the end of March. The app also generated modest weekly revenue, peaking at $46 in mid-January.
For more comprehensive insights into the performance of these apps, visit Sensor Tower.
