Top 5 Investing and Financial Management Apps in the US - Q2 2023

During the second quarter of 2023, the top 5 investing and financial management applications in the United States displayed varied performance trends on a unified platform. The data, sourced from Sensor Tower, provides insights into weekly downloads, active users, and revenue where applicable.

Schwab Mobile showed significant fluctuations in weekly downloads, peaking at approximately 243K in the week of May 29. Active users saw a notable increase, reaching around 1.2M in the same week. The app maintained zero weekly revenue throughout the quarter.

Fidelity Investments experienced a relatively stable trend in downloads, averaging around 60K per week. Active users grew steadily, peaking at approximately 1.6M in mid-June. The app also reported zero weekly revenue during this period.

Robinhood: Investing for All saw consistent weekly downloads, fluctuating between 50K and 63K. Active users remained robust, averaging around 5.3M weekly. Similar to the other apps, Robinhood reported zero weekly revenue throughout Q2.

Binance: Buy Bitcoin & Crypto had a downward trend in weekly downloads, starting from around 55K at the end of March and declining to approximately 41K by the end of June. Active users also decreased, from around 220K in mid-April to about 157K by mid-June. The app recorded zero weekly revenue during this quarter.

Finally, Webull: Investing & Trading experienced a decrease in downloads, from roughly 68K at the end of March to about 31K by the end of June. Active users fluctuated, peaking at approximately 881K in early April and settling at around 772K by the end of June. Webull reported weekly revenue peaking at about $63.6K in late April and then stabilizing around $47.9K to $54K in June.

For more detailed insights and trends, visit Sensor Tower.