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In the fourth quarter of 2023, the United States consumer finance app landscape showcased notable performance among the top applications on unified platforms. Sensor Tower's analysis presents a clear view of user trends and download rates for these popular financial tools.
Cash App maintained a robust user base, with weekly active users fluctuating around the 21M mark throughout the quarter. Downloads saw a slight dip from approximately 530K to 480K between late September and late December, but rebounded to just over 517K in the final week of the year.
Venmo also demonstrated a strong presence with weekly active users peaking at 18.6M in late October, although there was a gradual decline to 15.8M by the year's end. The app's downloads hovered between 341K and 270K during the quarter, indicating consistent interest among consumers.
Zelle showed a steady download trend, starting at 265K in late September and ending the quarter with over 233K downloads. The app's active user count saw a slight increase from 1.19M to 1.21M in late November, before stabilizing around 1.14M at the close of December.
Capital One Mobile experienced a rise in downloads from 216K to 233K in late November, followed by a slight decrease to around 217K by the quarter's end. Weekly active users showed a peak of 12.3M in late November, with a minor dip to 11.3M in the last week of December.
Lastly, Chase Mobile®: Bank & Invest maintained a steady download rate, with a notable peak at 220K in mid-October and closing the quarter with over 202K downloads. The app's active users remained significant, peaking at over 15M in late November and concluding the year with 14.4M.
For more in-depth insights and detailed performance metrics, Sensor Tower's full analysis provides an extensive overview of the consumer finance app market.