AI Insights · Timothy · April 2023
Top 5 Business Finance & Business Solutions Apps in the UK in Q1 2023
Discover the performance trends of the top 5 Business Finance & Business Solutions apps in the UK during Q1 2023, including weekly downloads, revenue, and active users.
In the first quarter of 2023, the top 5 Business Finance & Business Solutions applications in the United Kingdom showcased notable performances across various metrics such as weekly downloads, revenue, and active users. Below, we delve into the specifics for each app, based on data from Sensor Tower.
Tide Business Banking App by Tide Platform Ltd experienced a steady trend in weekly downloads, starting at 3K in late December and peaking at 10.1K in the second week of January. The downloads then stabilized around the 8K to 9K range for the rest of the quarter. Weekly active users began at 60.3K at the end of December, reaching a peak of 83.9K in the second week of January, before fluctuating slightly and ending the quarter at approximately 73.7K.
SumUp: Payments and POS by SumUp Limited saw a significant increase in weekly downloads, starting at 4K in late December and rising to 8.7K by early February. The app maintained a steady download rate, with figures hovering around 8K for the remainder of the quarter. Active users also showed a positive trend, starting at 163.8K at the end of December and climbing to 204.7K by early January, with slight fluctuations throughout the quarter, ending at 198.2K.
PayPal Business by PayPal, Inc. displayed a consistent increase in weekly downloads, beginning at 2.2K in late December and reaching 7.9K by early March. The active user count saw a steady rise from 32.5K at the end of December to 41K in early February, with minor variations, finishing the quarter at approximately 38.7K.
WAC: Manage Time & Money by Work and Communications Ltd had a fluctuating download trend, starting at 4.5K in late December, peaking at 8.5K by the end of January, and then varying between 2.3K to 6.8K for the rest of the quarter. The app generated a revenue of $87 in the last week of March.
ADP Mobile Solutions by ADP, Inc. saw significant weekly download growth from 1.9K at the end of December to 5.7K by late January, with some fluctuations before ending the quarter at around 5.5K. Active users started at 37.8K in late December, peaked at 46K in late February, and ended the quarter at 43.7K.
For more detailed insights and data, visit Sensor Tower.
