Top 5 Consumer Finance Apps Performance in US Q2 2023

The second quarter of 2023 has shown interesting trends for the top 5 consumer finance apps in the United States. Let's delve into the performance metrics of these applications, with data sourced from Sensor Tower.

Capital One Mobile exhibited a consistent pattern in weekly downloads, starting the quarter with around 221K and ending with a peak of approximately 239K in the final week of June. The app's weekly active users also showed resilience, maintaining over 10M users throughout the quarter, with a slight upward trend peaking at around 11.3M in early June.

Chase Mobile®: Bank & Invest saw its weekly downloads fluctuate, beginning at 181K and reaching a high of 208K by the end of June. Meanwhile, weekly active users remained robust, generally hovering around 13.6M to 14.1M, indicating steady engagement.

Bank of America Mobile Banking experienced an increase in weekly downloads, starting at 137K and climbing to 159K by the end of the quarter. Its weekly active users showed slight variations, with numbers consistently around 13M to 13.7M, suggesting stable user retention.

Rocket Money - Bills & Budgets demonstrated strong weekly revenue, peaking at about $159K in late April and maintaining figures around $130K to $150K in subsequent weeks. Downloads were also impressive, beginning at 129K and reaching 154K by the end of June. The app's active users displayed growth, with numbers starting at 1.4M and ending at around 1.5M.

Finally, Wells Fargo Mobile showed a steady increase in weekly downloads, from 118K in late March to 133K by the end of June. Weekly active users were stable, ranging from 7.5M to 8.1M, indicating consistent user engagement.

For more detailed insights and data, visit Sensor Tower.