Top 5 Finance Apps Performance in the UK for Q2 2023

In the second quarter of 2023, the top 5 finance apps in the United Kingdom exhibited diverse performance trends across downloads, active users, and revenue metrics. The data, sourced from Sensor Tower, provides insights into the weekly fluctuations and overall performance of these apps.

Revolut: Spend, Save, Trade saw a consistent increase in weekly downloads, peaking at approximately 81.6K in the week of June 19. Active users also showed a positive trend, rising from 1.46M at the beginning of April to nearly 1.5M by the end of June.

Monzo - Mobile Banking experienced a strong uptick in weekly downloads, reaching around 74.9K in the week of June 19. Weekly active users also demonstrated growth, climbing from 2.57M at the start of April to approximately 2.74M by the end of June.

PayPal - Send, Shop, Manage had a steady performance in weekly downloads, with numbers fluctuating between 47.6K and 65K throughout the quarter. Active users saw minor variations, starting at 1.45M in early April and ending at about 1.47M by late June.

HMRC displayed an upward trend in weekly downloads, peaking at around 68.7K in the final week of June. Active users increased from 107K in late March to approximately 136K by the end of June, showing a steady rise throughout the quarter.

Google Wallet maintained a stable download rate, with a slight increase towards the end of the quarter, peaking at roughly 50K in the last week of June. Weekly active users showed some fluctuations, starting at 785K in late March and ending at around 750K by the end of June.

For more detailed insights and data, visit Sensor Tower.