Question of the Day: What is the most popular finance app in the IOS (iPhone) Store?
Answer: Cash App (Square)
From App Annie (December 12th 2018)
- How comfortable are you using financial apps on your smartphone?
- How many of these apps do you currently use? plan to use in the future?
- How would you group these apps into different categories?
- Are there any financial apps not listed here that you use?
Behind the numbers (Motley Fool)
Square's (NYSE:SQ) Cash App started as just another way to send friends money, like PayPal Holdings' (NASDAQ:PYPL) Venmo. But as it added more features, it broadened its appeal. And last month, downloads of Cash App surpassed those of Venmo, a milestone that's a testament to the momentum Square has created around the app.
About the Author
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
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