Automation, personalization and the promise of real-time (or at least near real-time) payments all add to the gravitational pull that banking apps exert on the psyche. It’s strong, because we’re attached to our money. We enjoy keeping it safe and turning it into more money.
That’s why our job here at the PYMNTS Provider Rankings Research Facility & Coffee Bar is to make sense of app downloads and metrics, all with an eye on the digital enjoyment of dough.
This edition of PYMNTS Provider Ranking of Digital Banking Apps isn’t as placid as the last few, we’ll let you know that up front. There’s been a fair amount of position-hopping. Check it out.
The Top 5
Chime still reigns at No. 1, where it’s been for some time now, as is Nubank at No. 2.
Among positions up for grabs — and consequently grabbed — is coveted No. 3, which goes this time to the Revolut app.
An even bigger gainer is right behind with the Current mobile banking app rising two chart positions to snap up No. 4.
U.K.-based Monzo maintained its British reserve, standing firm as a Beefeater at No. 5.
The Top 10
We often say this because it’s true: the Dave banking app has a darling logo, and a recent $100 million credit facility, too. It’s been a chart-topper for months, though this go around Dave drops three spots to land at a very respectable No. 6.
Unchanged at No. 7 is the Starling Bank app (they’re thinking about an IPO in 2021), followed as last time by Berlin-based N26 at No. 8, and the millennial-focused Empower digital banking app still doing fine at No. 9.
One stunner before departing: here comes the Liv. UAE digital banking app from the United Arab Emirates, billed as “the first lifestyle bank in the UAE” entering the Top 10 at No. 10.
We’re always on the lookout for opportunities to partner with innovators and disruptors.
Learn More