AI Insights · Timothy · January 2024
Top 5 Finance Apps Performance on iOS in the UK for Q4 2023
Discover the performance trends of the top 5 finance apps on iOS in the UK during Q4 2023, including weekly downloads and active user metrics.
During the fourth quarter of 2023, the top finance applications on iOS in the United Kingdom demonstrated varied performance trends. Here, we delve into the weekly downloads and active user metrics for these leading apps.
Revolut: Send, spend and save saw its weekly downloads fluctuate throughout the quarter, with a peak of approximately 42K in the week of October 23 and a slight dip to around 35K by mid-December. The app's weekly active users experienced a decline from around 813K at the beginning of the quarter to roughly 691K by the end of December.
Monzo - Mobile Banking showed a consistent decrease in weekly downloads, starting from approximately 49K in late September and dropping to around 32K by the end of December. Despite this, Monzo maintained a robust user base, with weekly active users hovering around 1.5M throughout most of the quarter, ending at about 1.4M.
PayPal - Pay, Send, Save exhibited a steady trend in weekly downloads, with numbers oscillating between 27K and 39K. Weekly active users also showed relative stability, starting the quarter at around 361K and concluding at approximately 317K.
HMRC experienced a gradual decrease in weekly downloads from around 33K at the beginning of the quarter to about 18K by the end of December. The app's weekly active users remained fairly stable, starting at approximately 80K and ending the quarter at around 70K.
Barclays UK had a varied download trend, peaking at about 33K in mid-November and dipping to around 21K by mid-December. The app's weekly active users remained strong, beginning the quarter at approximately 1.9M and closing at around 1.8M.
All data is sourced from Sensor Tower. For more detailed insights and trends, visit Sensor Tower's platform.