AI Insights · Timothy · October 2022
Top 5 Finance Apps on Android in the US - Q3 2022
Discover the performance trends of the top 5 finance apps on Android in the United States during Q3 2022, including downloads and active user data.
The third quarter of 2022 has shown interesting trends for the top finance apps on the Android platform in the United States. Here’s a breakdown of how the top five apps performed in terms of weekly downloads and active users, based on data from Sensor Tower.
Cash App saw fluctuating download numbers throughout the quarter. It began with a high of approximately 317K downloads in the last week of June, dipped to around 236K in mid-August, and ended the quarter with about 274K downloads. Active users also experienced some variability, starting at 7.8M in late June, dropping to around 7.2M in mid-July, and then climbing back up to around 7.7M by the end of September.
PayPal - Send, Shop, Manage maintained a relatively stable download rate. Weekly downloads ranged from about 113K to 132K, with a peak in the last week of September. Active user numbers showed some fluctuations, starting at around 8.3M in late June, dipping to 7.6M in mid-July, and ending the quarter at approximately 8.1M.
Venmo experienced a steady increase in downloads, starting at about 102K in late June and peaking at around 123K in late August. The number of active users saw some variability, beginning at approximately 6.5M in late June, dipping to around 6.1M in early July, and ending the quarter at about 6.5M.
Zelle had consistent download numbers throughout the quarter. Downloads varied from around 81K to 95K, with a notable peak in the last week of September. Active users remained relatively steady, starting at approximately 412K in late June and ending the quarter at around 418K.
Google Pay: Save and Pay showed a slight decline and subsequent recovery in downloads. It started with about 94K downloads in late June, dipped to around 73K in mid-September, and recovered to approximately 94K by the end of the quarter. Active users increased steadily, from around 704K in late June to about 795K by the end of September.
For more detailed insights and data, visit Sensor Tower.