State of AI 2026 Report Is Live!

Blog

AI Insights · Timothy · January 2025

Top Consumer Finance Apps on iOS in the UK: Q4 2024

Explore the performance of the top 5 consumer finance apps on iOS in the UK during Q4 2024, based on Sensor Tower data.

Top Consumer Finance Apps on iOS in the UK: Q4 2024

In the final quarter of 2024, the top consumer finance apps on the iOS platform in the UK showed varied performance in terms of downloads and active users. Here's a closer look at the trends for each app based on data from Sensor Tower.

Monzo - Mobile Banking experienced a fluctuating download trend, starting with 61K downloads in early October, slightly declining to around 33K in December, before a notable increase to 45K in the last week of the year. Active users saw a dip from 5.1M at the start to 4.6M mid-quarter, with a recovery to 5.1M by the end of December.

Revolut: Send, spend and save maintained a relatively stable download rate with minor fluctuations, peaking at 44K in the final week of December. The app's active users started at 2.9M, showing a slight decline to 2.8M in mid-December, then rising back to 3M at year-end.

Lloyds Mobile Banking saw a steady decrease in downloads, from 30K in early October to 18K by late December, with a slight uptick to 23K in the last week. Active users fluctuated, reaching a high of 4.3M in late November, ending the year at 4.2M.

NatWest Mobile Banking also showed a downward trend in downloads from 23K to 15K through the quarter, with a slight rebound to 18K by the end of December. Active users increased from 3.2M in early October to 3.6M by late November, closing the quarter at 3.5M.

Barclays UK experienced a gradual decline in downloads from 20K to 15K over the quarter, with a slight increase to 17K in the last week. Active users started at 4.5M, dipped to 4.2M, and ended the quarter at 4.4M.

These insights highlight the dynamic nature of consumer engagement with finance apps in the UK, reflecting both challenges and growth opportunities. For more detailed insights and data, visit Sensor Tower.


Sensor Tower's platform is an enterprise-level offering. Interested in learning more?


Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: January 2025