AI Insights · Timothy · July 2024
Q2 2024: Top Business Finance Apps on iOS in the UK
A look at the performance of leading Business Finance & Solutions apps on iOS in the UK during Q2 2024. Insights show a trend in downloads and active users, with data provided by Sensor Tower.
In the second quarter of 2024, the UK's iOS platform saw notable activity within the Business Finance & Solutions category. Data from Sensor Tower provides a snapshot of user engagement and app popularity.
SumUp: Payments and POS experienced a consistent uptick in downloads, starting the quarter with roughly 6.6K downloads and ending with nearly 9.8K. Weekly active users (WAUs) also rose from approximately 137K to 151K.
Square Point of Sale (POS) showed fluctuating downloads throughout the quarter, peaking at 6.4K in mid-May. WAUs grew from 9.1K in early April to over 14K by the end of June.
The Tide Business Banking App saw downloads hovering between 3.9K and 4.8K. Its WAUs demonstrated a steady increase from around 44.6K to 45.2K during Q2.
SumUp Pay downloads ranged between 3.3K and 4.7K, while WAUs increased from roughly 22.8K to 26.6K, indicating a growing user base.
Lastly, Xero Me downloads varied, peaking at 5.2K in late April, then dipping to 1.8K in mid-June, before rebounding to 3.5K. WAUs showed growth from about 40.9K to 47.3K, suggesting a solidifying presence in the market.
For more insights, visit Sensor Tower, which offers detailed app performance data and analytics.