Top 5 Consumer Finance Apps in the UK - Q1 2023

During the first quarter of 2023, the performance of the top five consumer finance applications in the United Kingdom showcased diverse trends in downloads and active users. Here is an overview of how these apps performed, based on data from Sensor Tower.

Monzo - Mobile Banking saw its weekly downloads peak at approximately 87K in the first week of January, before stabilizing around 63K towards the end of March. The app's weekly active users showed a positive trend, increasing from around 2.5M at the start of the quarter to nearly 2.7M by the end.

Lloyds Bank Mobile Banking experienced a steady increase in downloads, peaking at about 53K in late January. Weekly active users also grew steadily, starting at 2.3M and reaching approximately 2.5M by the end of the quarter.

Barclays UK maintained a consistent download rate throughout the quarter, with numbers ranging from 34K to 48K. Active users saw a notable rise, beginning at around 2.8M and climbing to over 3M by the end of March.

Halifax Mobile Banking had a gradual increase in downloads, peaking at roughly 36K in the last week of March. Active users fluctuated slightly but ended the quarter on a positive note, increasing from 1.5M to over 1.5M.

NatWest Mobile Banking showed growth in weekly downloads, peaking at about 39K in the final week of March. Active users also saw an upward trend, rising from 2.5M at the beginning of the quarter to approximately 2.7M by the end.

For more in-depth insights and data, visit Sensor Tower.