×
The email you entered is not valid.
Business

Top 10 Finance & Banking apps, H1 2022

Source: https://blog.apptopia.com/top-10-finance-banking-apps-h1-2022

PayPal is still dominating the global payments scene, with close to 50 million downloads in the first half of 2022.

PhonePe, which is not far behind PayPal, is a bit of a Super app. Used almost exclusively in India, it enables users to do everything from send friends money, buy ecommerce goods, invest in stocks and more. While super apps are less common in the United States, PayPal and Cash App are both heading that way, continually adding abilities to generate a larger share of the market and access more user data.

A stark contrast from last year’s download leaders is that there are no crypto apps here. Their mobile app performance data has been falling significantly since November 2021. If you want to dive deeper into the crypto app market, grab a hold of this digital currencies playbook.

PayPal takes a back seat, and by a substantial margin, to Cash App when we zoom in on the U.S. market. You can learn more about how Cash App has acquired a $h!* ton of users through our work with Digital Turbine in the Inaugural BRAG index. You’ll notice the top five apps are well known for peer-to-peer payments as being able to send friends and family money is a massive need. I often think restaurant POS systems owe Venmo a debt because it took away the need for them to innovate splitting the check. As for Zelle, I’m still a bit befuddled as to why so many people download the app when it’s accessible via your everyday banking app but maybe it’s easier to navigate.

We broke out baking specifically because it’s a fun area mixed with legacy providers and mobile-first banks. Typically we see Chime at the top of the list but Capital One has really turned on the juice since March 2021. So far this year, only four of the top 10 download leaders are mobile-first. While we did not create a separate list for retail trading apps, you can get all the info and insight you crave there by clicking the blue button below.

To learn more about the data behind this article and what Apptopia has to offer, please reach out to Connor Emmel at cemmel@apptopia.com.

GET WEEKLY ALERTS

Sign up to receive our stories in your inbox.

The email you entered is not valid.

LET US HELP

Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

Advan

Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us

GET WEEKLY ALERTS

Sign up to receive our stories in your inbox.

The email you entered is not valid.

LET US HELP

Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

Advan

Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us