Finance App Benchmarks (2025)

David Curry

Updated: July 23, 2025

The finance app industry is a multi-sector behemoth with thousands of businesses new and old trying to make financial processes easier on mobile. In the past decade, we have seen in the introduction of payments through near-field communication, commission-free stock trading, the birth of cryptocurrency and buy now, pay later apps.

On top of that, many of the old financial institutions have integrated their systems onto mobile. Almost every bank has a mobile app nowadays, and has implemented new services to help customers manage their money more effectively.

In the developing world, the "unbanked" are receiving their first debit cards and saving accounts through mobile apps. In Brazil, nuBank is the largest bank in the country, which has no physical locations and is run entirely through the mobile app. China and India have also seen their financial infrastructure built to be mobile-first.

Even with all of this technology being embedded into the financial industry, most users typically only check their bank or stock trading app a few times a week, if that. For payments, a quick check to see if the payment has went through is the only real interaction they have with the app.

But it is clear some of these finance apps want to change that, by getting users to check-in more frequently. Credit checks, daily saving accounts, spending analysis and other features are being added in the hope of increasing time spent on these apps. Others, like PayPal and Revolut, have added stock and crypto trading as another way to draw in users.

We have collected data and statistics on finance app benchmarks. Read on below to find out more. Need more insights? Check out our finance app report.

Key Finance App Benchmarks

  • Finance apps have a retention rate of 4.5% by day 30. Stock trading apps have the highest average retention, while payments have the lowest
  • Conversion rate for finance apps is much higher on iOS, at 34%, than Google Play
  • About 14% of finance app users complete all activation processes by day 30
  • Cost per action on finance apps is much higher on iOS than Google Play. In terms of region, CPA is the highest in North America

Finance App Report 2024

Want to learn more about the finance app industry? In our Finance App report, we cover financials, forecasts, usage, downloads, demographics and benchmarking data.