Top 5 Finance Apps on iOS in the UK Q4 2022

The final quarter of 2022 showed interesting trends among the top finance apps in the United Kingdom on the iOS platform. Here’s a closer look at the performance of the top five apps: PayPal - Pay, Send, Save, Revolut: Send, spend and save, Monzo - Mobile Banking, Barclays UK, and Lloyds Bank Mobile Banking.

PayPal - Pay, Send, Save experienced a consistent trend in weekly downloads. Starting at around 47K in late September, the downloads slightly fluctuated, reaching about 39K by the end of December. Active users started at approximately 394K and saw a minor decrease, ending at around 353K.

Revolut: Send, spend and save saw a noticeable decline in weekly downloads, starting at nearly 49K and dropping to about 25K by the end of the quarter. Active users also experienced a downtrend, starting from around 685K and decreasing to approximately 586K.

Monzo - Mobile Banking had a similar pattern in weekly downloads, beginning at around 38K and ending at about 26K. Active users fluctuated slightly but remained relatively stable, starting at approximately 1.39M and ending at around 1.35M.

Barclays UK displayed a downward trend in both downloads and active users. Weekly downloads started at around 30K and decreased to approximately 22K. Active users declined from about 2.04M to around 1.73M by the end of December.

Lloyds Bank Mobile Banking also experienced a drop in downloads, starting at around 31K and ending at approximately 20K. Active users showed a decreasing trend as well, from about 1.12M to around 1.03M.

These insights, sourced from Sensor Tower, highlight the varying trends in the finance app market in the UK. For more detailed insights, visit Sensor Tower.