{"id":18745,"date":"2021-07-08T02:22:00","date_gmt":"2021-07-08T02:22:00","guid":{"rendered":"https:\/\/apptopia.com\/en\/insights\/top-10-most-downloaded-p2p-payment-apps-in-the-united-states-h1-2021\/"},"modified":"2021-07-08T02:22:00","modified_gmt":"2021-07-08T02:22:00","slug":"top-10-most-downloaded-p2p-payment-apps-in-the-united-states-h1-2021","status":"publish","type":"insight","link":"https:\/\/apptopia.com\/en\/insights\/top-10-most-downloaded-p2p-payment-apps-in-the-united-states-h1-2021\/","title":{"rendered":"Top 10 Most Downloaded P2P Payment Apps in the United States in H1 2021"},"content":{"rendered":"\n

Cash App<\/a> was the most downloaded<\/a> P2P payment app in the United States in the first half of 2021. Globally, it was the fifth<\/em> most downloaded. See who took the #1 spot on the worldwide list here: Top 10 Most Downloaded P2P Payment Apps in the World in H1 2021<\/a>.<\/p>\n\n\n\n

<\/div>\n\n\n\n
\"10<\/figure>\n\n\n\n
<\/div>\n\n\n\n

Overview of the P2P payment app market in the US<\/h2>\n\n\n\n

As a market, the top 10 P2P payment apps in the US increased downloads<\/a> approximately 38.7% YoY to more than 90M. This total represents a 66.8% increase from H1 2019\u2014 a significant two-year gain. As mentioned in our global analysis<\/a>, the United States is the leader in downloads for the P2P payment app market. <\/p>\n\n\n\n


P2P payment apps + trends to watch<\/h2>\n\n\n\n

Looking ahead, we predict that Cash App<\/a> may be usurped by one of its competitors next year. Once the fastest growing app, Cash App<\/a> has seen its US downloads decline over the past couple of months. In June, Cash App<\/a>‘s US downloads were down -10% YoY. Similarly, Venmo<\/a> experienced a -3% YoY decline in downloads in April + May. <\/p>\n\n\n\n

Meanwhile, Google Pay successfully re-launched in 4Q20<\/a>, taking significant share of new downloads. In June, Google Pay<\/a> was responsible for 19.8% of total new downloads of the top 10 P2P payment apps in the US. For comparison, Venmo<\/a> and PayPal<\/a> generated 18.7% and 18.3% of the market’s downloads, respectively.<\/p>\n\n\n\n

<\/div>\n\n\n\n
\"P2P<\/figure>\n\n\n\n
<\/div>\n\n\n\n
<\/div>\n\n\n\n

If you have questions about how we are defining P2P payment apps, or would like to see our global analysis of the market, visit: Top 10 Most Downloaded P2P Payment Apps in the World in H1 2021<\/a>.\u00a0<\/p>\n\n\n\n

\n

View our free report on Payment and
Investing apps<\/p>\n\n\n\n

\n
Fintech Report<\/a><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Cash App was the most downloaded P2P payment app in the United States in the first half of 2021. Globally, it was the fifth most downloaded. See who took the #1 spot on the worldwide list here: Top 10 Most Downloaded P2P Payment Apps in the World in H1 2021. Overview of the P2P payment […]<\/p>\n","protected":false},"author":3,"featured_media":933,"comment_status":"open","ping_status":"open","template":"","insight_category":[86],"insight_tag":[],"class_list":["post-18745","insight","type-insight","status-publish","has-post-thumbnail","hentry","insight_category-fintech"],"yoast_head":"\nTop 10 Most Downloaded P2P Payment Apps in the United States in H1 2021 - Apptopia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/apptopia.com\/en\/insights\/top-10-most-downloaded-p2p-payment-apps-in-the-united-states-h1-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top 10 Most Downloaded P2P Payment Apps in the United States in H1 2021 - Apptopia\" \/>\n<meta property=\"og:description\" content=\"Cash App was the most downloaded P2P payment app in the United States in the first half of 2021. 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