The Most-Downloaded Finance App Worldwide in 2022 Might Surprise You
When it comes to personal finance apps, there's debate about whether the app from PayPal Holdings (NASDAQ: PYPL) is better than Cash App from Block (NYSE: SQ) or vice versa. They both certainly have their supporters.
However, personal preferences for PayPal or Cash App are anecdotal, and investors should avoid anecdotes, relying instead on more general consumer trends. That's why watching overall app downloads is useful. And right now, PayPal -- not Cash App -- is leading the way in downloads by a wide margin.
Third-party analytics company Apptopia recently released a list of the top finance and banking apps by downloads in the first half of 2022. At the top of the list was PayPal, with 49 million downloads. Cash App was a distant fourth place with only 35 million global downloads.
Source Fool.com
