Top 20 Finance Apps: Robinhood Hits the Mark

  • Philip Ryan
  • 2 Years ago
  • 1

© Can Stock Photo Inc. / YellowPaulRobinhood, a startup promising free stock trades, made a strong showing in rankings for Google Play store finance apps, coming in at No. 7, putting it ahead of Google Wallet, Venmo, Citibank, and US Bank.

Based in Palo Alto, Calif., Robinhood has $66 million in funding and is commonly cited as an attractive acquisition target for any institution wanting to work with millennials, meaning everyone.

Founded in 2013 by two Stanford graduates — where else? — Robinhood uses software instead of humans to runs its brokerage, much as Wealthfront and Betterment do with asset management.

Otherwise the rankings held steady from our previous tally on Aug. 6. JPMorgan Chase, Bank of America, Wells Fargo, Credit Karma, and PayPal own the Top 5 spots in both listings.

Here are the week’s Top 20 apps in Finance for iOS and Android:

iOS

  1. Chase Mobile
  2. Bank of America
  3. Wells Fargo Mobile
  4. Credit Karma
  5. PayPal
  6. Capital One Mobile
  7. Venmo
  8. Square Cash
  9. Mint
  10. Discover Mobile
  11. GEICO Mobile
  12. Citi Mobile
  13. Amex Mobile
  14. USAA Mobile
  15. Progressive
  16. US Bank
  17. Navy Federal CU
  18. PNC Mobile
  19. TD Mobile Banking
  20. Barclaycard
Google Play

  1. Credit Karma
  2. Chase Mobile
  3. Bank of America
  4. Wells Fargo Mobile
  5. PayPal
  6. Capital One Mobile
  7. Robinhood
  8. Google Wallet
  9. Venmo
  10. GEICO Mobile
  11. Square Cash
  12. Progressive
  13. Discover Mbile
  14. USAA Mobile
  15. Mint
  16. Navy Federal CU
  17. Money Network
  18. Citi Mobile
  19. US Bank
  20. Amex Mobile

Both lists were retrieved from App Annie around 10:30 AM EST.

 

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Philip Ryan is Associate Editor of Bank Innovation. He worked as a web developer for the Fund for the City of New York for six years, and was an HTML developer at Ocean-7 Development back in the go-go ’90s. He has more than 15 years' experience in online journalism. He can be reached at pryanrmg1@gmail.com.

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