As PYMNTS research has found all year long, people are watching their dollars due to the financial weirdness that surrounds and pervades all in the wretched year of COVID.
This may be why things are so very quiet and calm in PYMNTS’ latest Provider Ranking of Personal Finance Apps. People are leaving their investments be for the most part, waiting for the markets to settle and to see what happens next. As we know, there’s an app for that.
The Top 5
Since the last personal finance apps ranking we’ve seen almost no shifting, with Robinhood at No. 1 again this month after raising lots of cash recently. At No. 2 (again) is Chime, now with a valuation of around $14.5 billion after its most recent fundraise. No. 3 is micro-investing app Stash, followed at No. 4 by the Albert Save And Spend financial advisory app.
The only change in the Top 5 is Acorns Invest jumping up one spot into the Top 5, at No. 5.
The Top 10
Don’t come looking at the rest of the Top 10 for position trades. There are barely any to report.
We find neo-bank Current taking the No. 6 chart position this month after recently surpassing a half-million accounts and landing $20 million in its Series B. Fidelity is unchanged at No. 7, as is Mint at No. 8, Spendee at No. 9, and at No. 10 once again sits the myWisely financial wellness app, finishing out the Provider Ranking of Personal Finance Apps.