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AI Insights · Timothy · July 2024

Top 5 Consumer Finance Apps in the US: Q2 2024 Performance

In Q2 2024, the top 5 consumer finance apps in the US saw diverse trends in downloads, revenue, and active users, reflecting dynamic user engagement and monetization strategies.

Top 5 Consumer Finance Apps in the US: Q2 2024 Performance

In the second quarter of 2024, the top 5 consumer finance applications in the United States demonstrated varied performance across downloads, revenue, and weekly active users. Here's a closer look at how each app fared during this period, based on data from Sensor Tower.

Rocket Money - Bills & Budgets witnessed a significant increase in revenue, peaking at approximately $254K in the week of June 3. Downloads showed a moderate decline, starting at about 170K in early April and ending around 135K by late June. Weekly active users remained relatively stable, fluctuating between 1.7M and 1.8M.

EveryDollar: Personal Budget experienced a notable revenue peak of around $200K in the week of May 27. Downloads were consistent, hovering around 30K to 35K throughout the quarter. Weekly active users showed a gradual increase, reaching approximately 380K by the last week of June.

YNAB had a steady revenue stream with minor fluctuations, peaking at about $96K in the week of April 29. Downloads ranged from around 9K to 12K, with a slight increase towards the end of the quarter. Weekly active users remained stable, averaging around 115K to 120K.

Monarch: Budget & Track Money showed a gradual increase in revenue, reaching approximately $50K in the last week of June. Downloads also exhibited a positive trend, rising from about 10K in early April to nearly 14K by the end of June. Weekly active users increased steadily, reaching around 82K by the end of the quarter.

SimplyWise: Receipt Scanner had relatively stable revenue, with a peak of approximately $35K in the final week of June. Downloads fluctuated, reaching a high of around 16K in early April, but dropping to about 7K by late June. Weekly active users maintained a steady range between 95K and 97K throughout the quarter.

These insights reflect the dynamic engagement and monetization strategies of the top consumer finance apps in the US. For more comprehensive data and trends, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2024