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AI Insights · Timothy · April 2023

Top 5 Personal Finance Budgeting and Planning Apps in the US for Q1 2023

Discover the performance trends of the top 5 personal finance apps in the US for Q1 2023, including downloads, revenue, and active users.

Top 5 Personal Finance Budgeting and Planning Apps in the US for Q1 2023

The first quarter of 2023 saw significant activity among the top personal finance budgeting and planning apps in the United States. Here is a detailed look at the performance of these applications.

Rocket Money - Bills & Budgets experienced a notable fluctuation in weekly revenue, starting the quarter at around $126K and peaking at approximately $151K in the week of January 9. The app's downloads began strong with over 423K in the first week of January but saw a decline, stabilizing around 128K by the end of March. Active users showed a slight decrease from 1.7M at the start of the quarter, leveling out at 1.4M by the end of March.

Mint: Budget & Expense Manager saw a steady increase in weekly revenue, reaching approximately $26K in the final week of March. Downloads fluctuated, starting at 83.9K in early January and settling at around 38.4K by the end of the quarter. Active users hovered around 1M throughout the quarter with minimal fluctuations.

Splitwise showed a consistent performance in terms of revenue, peaking at about $5.5K mid-March. Downloads increased from 33.2K in late December to around 45.3K by the end of March. The active user base remained relatively stable, with a slight increase from 102K to approximately 121K during the quarter.

Cleo: Cash advance & Credit maintained a steady number of downloads, starting the quarter at 29.9K and ending at around 23.6K. Active users consistently hovered around 250K, peaking at 277K in mid-January and then stabilizing.

EveryDollar: Personal Budget saw its revenue spike to approximately $135K in mid-January before stabilizing around $84K by the end of March. Downloads showed a similar trend, with a peak of 31K in early January and a steady decrease to about 17.4K by the end of the quarter. Active users remained consistent around 280K throughout the period.

These insights are based on data from Sensor Tower. For more detailed analytics and trends, visit Sensor Tower's platform.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2023