AI Insights · Timothy · October 2022
Top 5 Personal Finance Budgeting and Planning Apps on iOS in the US - Q3 2022
Explore the performance of the top 5 personal finance budgeting and planning apps on iOS in the US for Q3 2022, including insights on downloads, revenue, and active users.
The third quarter of 2022 saw significant activity in the personal finance budgeting and planning app category on iOS in the United States. Here’s a detailed look at the performance of the top 5 apps in this category, based on data from Sensor Tower.
Rocket Money - Bills & Budgets
Rocket Money experienced a steady increase in weekly revenue, starting at around $97K and peaking at approximately $129K in mid-September. Weekly downloads saw a decline early in the quarter, dropping from 100K to around 32K by the end of August, but showed a recovery to 68K by the end of September. Weekly active users remained relatively stable, fluctuating between 650K and 775K throughout the quarter.
Splitwise
Splitwise had a modest revenue performance, with weekly revenue ranging from $2.9K to $4.3K. Weekly downloads showed a stable pattern, maintaining between 34K and 43K. The app’s active users steadily increased, reaching a peak of 100K by the end of September.
Mint: Budget & Expense Manager
Mint saw its weekly revenue peak at around $20K in early July but dropped to approximately $7.5K by mid-September. Download numbers remained consistent, hovering around 36K throughout the quarter. Active users showed a slight decline from 720K in mid-July to around 681K by the end of September.
EveryDollar: Personal Budget
EveryDollar demonstrated a significant increase in weekly revenue, starting at around $36K and reaching $104K by mid-September. Downloads remained relatively stable, ranging between 14K and 18K. Active users saw minor fluctuations, maintaining around 210K throughout the quarter.
Cleo: Cash advance & Credit
Cleo did not report any revenue for the specified period. However, weekly downloads showed an upward trend, increasing from 13K to 18K by the end of September. Active users also grew steadily, from 124K to 134K over the quarter.
For more detailed insights and data, visit Sensor Tower.