Top 5 Finance Apps in the US Q1 2024

In Q1 2024, the top 5 finance apps in the United States demonstrated diverse patterns in downloads, revenue, and active users. Here's an analysis of their performance based on data from Sensor Tower.

Cash App saw stable weekly downloads, starting at around 521K in early January and peaking at 627K in mid-February. Active users fluctuated slightly, with a high of approximately 21.9M in late February before settling around 20.5M by the end of March.

PayPal - Send, Shop, Manage experienced a gradual increase in weekly downloads, beginning at 332K in early January and reaching nearly 395K by mid-March. Active users showed a slight decline over the quarter, starting at 13.9M and ending at around 13.1M.

TurboTax: File Your Tax Return reported significant weekly revenue, peaking at $23 in early February. Downloads spiked early in the quarter, with a high of over 632K in late January, before declining to approximately 196K by the end of March. Active users followed a similar trend, starting at 657K and peaking at 1.8M in late January.

Venmo maintained consistent weekly downloads throughout the quarter, averaging around 260K. Active users saw a slight drop from 17.5M in early January to around 16.9M by the end of March.

Zelle displayed a steady increase in weekly downloads, starting at 244K in early January and reaching a peak of 279K by late February. Active users remained relatively stable, fluctuating around the 1.2M mark throughout the quarter.

For more detailed insights and comprehensive data, visit Sensor Tower.