If you find digital banking apps of interest, PYMNTS’ latest Provider Ranking of Digital Banking Apps will deliver compound interest. This month’s top 10 includes 17 competitors, with many of them running neck and neck.
Making that total possible are some tie scores, including two spots in the ranking that are each shared by four competitors.
There’s a lot of apps to look at, so let’s dig into the numbers.
The Top 5
Holding the top spot is Chime. After sharing the No. 1 designation last time, this app has added two points to its score for a perfect 100.
Two points behind is Nubank, which shared the top spot last month but has now slipped to No. 2.
Similarly, Revolut is two points behind the competitor ahead of it and has stepped down one level since last time.
Continuing the trend, Monzo has inched down one level since last time. With a score of 95, it’s just one point behind the app ahead of it.
Also falling back one position in the rankings since last month is Starling Bank. This app checks in with a score of 86.
The Top 10
In another one-level decline, KOHO has edged down to the No. 6 spot.
With scores tied at 83, two contenders share the seventh position in the ranking. Current has slipped two spots since last time while Dave has moved down one.
There’s another tie at No. 8, with four competitors each earning a score of 70. Tangerine has stepped down one level since last time, Commercial Bank of Dubai and Wirex shared this spot last month too, and Mashreq Neo has leapt up two levels.
At the ninth position in the rankings is N26, which has slipped two levels.
Closing out this month’s top 10 is another four-way tie. Liv. UAE has fallen back two spots since last time, Empower and Up have faded by one, and Monese remains where it was.
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