How to Boost Your Finance App Marketing

This article explores the dynamic world of finance apps, examining their unique features and providing strategic recommendations for effective marketing. As mobile financial tools and services become increasingly indispensable, understanding their current state and how to promote them effectively is crucial for staying competitive in this rapidly evolving market.

Current State of Finance Apps

The finance app market has faced significant hurdles over the past few years. However, amid the economic slowdown and uncertainty, fintech app usage has surged in 2023, showcasing the resilience and growing relevance of mobile financial tools and services worldwide.

In 2023, the finance app market generated over $1.55 billion in revenue globally, marking a remarkable 19% increase from 2022. Additionally, finance apps were downloaded over 7 billion times in 2023, highlighting their widespread adoption. Looking ahead, total revenue is expected to reach $2.38 billion by 2027.

Consumers continue to rely heavily on their mobile devices for various financial needs, from banking to payments. Meanwhile, the use of Personal Loan apps has remained robust, particularly in regions such as India, Indonesia, and Mexico. In contrast, the decline in Cryptocurrency Trading app downloads, which began in 2022, has leveled off in 2023, mirroring the volatility of the cryptocurrency market. This resilience and adaptability highlight the integral role finance apps play in modern financial management.

Furthermore, the financial services industry is set to surpass $30 billion in digital ad spending in 2023, becoming only the third industry to achieve this milestone. This substantial investment in digital advertising underscores the industry’s commitment to leveraging mobile platforms to reach a broader audience and cater to evolving consumer demands.

Types of Financial Applications

Financial applications cover a broad range of services, including:

  • Mobile Banking: Manage bank accounts, transfer money, and pay bills.
  • Digital Wallets & Payment: Handle digital transactions and store payment information securely.
  • Personal Loans: Apply for and manage personal loans.
  • Personal Investing: Buy, sell, and manage investments in stocks, bonds, and other assets.
  • Cryptocurrency Trading: Buy, sell, and manage cryptocurrencies and related assets.
  • Other: Encompasses various other financial services.

Specifics of Marketing Finance Apps

Regulatory Compliance and Data Privacy

Finance app marketing must adhere to stringent regulatory requirements and data privacy laws. Financial apps handle sensitive information, including personal identification and financial transactions, necessitating compliance with regulations like GDPR in Europe and PIPL in China. While all apps must comply with general data privacy laws, finance apps face higher scrutiny and specific regulations due to the sensitive nature of the data they handle.

Trust and Security

Building trust is paramount in finance app marketing. Users need to feel confident that their financial information is secure. Marketing strategies often emphasize security features, encryption, fraud protection, and endorsements from trusted financial institutions. Trust is important in other apps as well, but the consequences of a breach are typically less severe than for financial apps.

User Onboarding and Education

Finance apps often require more comprehensive onboarding processes to help users understand how to use the app’s features effectively. Educational content, tutorials, and customer support are crucial components of marketing strategies to assist users in navigating complex financial products. In contrast, user onboarding for other apps, such as social media or entertainment, tends to be more straightforward and requires less educational content.

Retention and Engagement Strategies

Retaining users in finance apps involves offering continuous value through personalized financial advice, real-time updates, and notifications about account activity or market changes. The focus is on long-term engagement and providing tools that help users manage their finances better. Retention strategies for other apps often revolve around entertainment, social connectivity, or new content updates, emphasizing frequent interactions rather than long-term engagement.

Target Audience and Demographics

The target audience for finance apps often includes a broader age range and varies significantly based on the type of financial service offered. Marketing strategies must be tailored to different demographic segments, from young adults just starting their financial journey to older users focused on retirement planning. Other apps, such as gaming or social media apps, might focus predominantly on younger users or aim for broad user bases with different engagement tactics.

Effective Marketing Strategies for Finance Apps

Promoting finance apps requires a tailored approach to ensure user acquisition, engagement, and retention

User Acquisition

CPA Traffic Acquisition

  • Use CPA marketing to pay for specific user actions such as app installations, registrations, or transactions. This model is particularly effective for financial apps due to its focus on measurable outcomes.
  • Select reliable agencies with a good track record in the finance sector. Ensure the network has stringent fraud detection mechanisms to avoid invalid traffic.
  • Define clear goals for what constitutes an acquisition. For a banking app, this might be a completed account registration, while for an investment app, it could be the first trade.

Optimize User Experience

  • Use deep linking to direct users to specific in-app pages relevant to the ad they clicked, reducing friction and improving conversion rates. For instance, an ad for a loan app could deep link directly to the loan application page.
  • Continuously test and optimize ad creatives to improve performance. Use compelling visuals and clear CTAs that resonate with the target audience. For example, showcase the ease of tracking expenses in a budgeting app through engaging visuals.

Incentive Programs

  • Offer sign-up bonuses or referral rewards to encourage new users to download and use the app. A banking app might offer a cash reward for opening a new account, while a crypto app could provide free tokens for new users.


Behavior-Based Segmentation

Segment users based on their in-app behavior, such as those who installed but didn’t register, registered but didn’t complete their profile, or didn’t make any transactions. Tailor retargeting campaigns to each segment. For example, send a personalized email with a guide on how to complete their profile or make their first transaction. For cryptocurrency apps, remind users to complete their first purchase or set up a secure wallet.

In-App Messages

Use push notifications and in-app messages to remind users of unfinished tasks like incomplete registrations or pending transactions. Ensure these messages are valuable and actionable.

Dynamic Retargeting Ads

Implement dynamic ads that show personalized content based on the user’s previous interactions with the app. For example, if a user browsed loan options but didn’t apply, display an ad highlighting the benefits of the loan they viewed. Crypto apps can use dynamic ads to highlight trending coins or investment tips.

Other Recommendations

  • Know What Users Want: Find out why users downloaded the app initially and ensure that communication and engagement are segmented properly, personalized, and non-invasive.
  • Personalize User Experience: Use gamification, push notifications, and social media integration to keep users engaged. Collect user feedback to continually refine and optimize the app.
  • Optimized Landing Pages: Create landing pages within the app that align with CPA campaigns. These pages should be designed to convert visitors into users by highlighting the benefits and features of the finance app. For example, a landing page for a budgeting tool might show how easy it is to track expenses and save money.
  • A/B Testing: Test different ad creatives, copy, and CTAs to determine the most effective combinations. This helps in refining the messaging and visual appeal to maximize conversions.
  • Regularly monitor campaign performance. Adjust bids and strategies based on the results. Use analytics to identify the most effective channels and ad placements.

By implementing these strategies, finance apps can effectively acquire new users, engage and retain them, and maximize their overall marketing ROI.

How We Can Help You

At our agency, we leverage our proprietary technologies to deliver exceptional results in the promotion of financial apps, including banking and cryptocurrency applications. Our proprietary platforms, Tracemetric and, are designed to maximize the efficiency of CPA traffic acquisition and in-app retargeting campaigns

Tracemetric for CPA Traffic Acquisition

Tracemetric is our platform for purchasing traffic using the CPA model. This tool provides comprehensive management of advertising campaigns, ensuring clients receive high-quality traffic that meets their specific goals. Key features include:

• Effective Algorithms: Our algorithms ensure access to high-quality traffic by analyzing and filtering out invalid sources.

• Real-Time Reporting and Analytics: Clients can make rapid adjustments to their strategies based on real-time data, enhancing campaign effectiveness.

• Fraud Prevention: Tracemetric incorporates unique solutions for combating fraud, including post-click analytics and risk-level assessments of traffic sources. for In-App Retargeting

We have developed an AI-powered platform specifically designed for in-app retargeting — We analyze user behavior and spending habits to develop precise user segments and craft personalized ads that resonate with these segments.
Using AI, our platform dynamically generates ad content tailored to individual user preferences, ensuring relevance and timeliness. Our approach includes algorithmic performance optimization to predict and enhance user conversion rates based on their in-app behavior.
This innovative method has propelled Mediasurfer into the top 10 of the AppsFlyer Performance Index 16 in 2023.

If you want to leverage our technologies to boost your marketing performance, reach out to us.

Our expertise in the finance industry and our proprietary technologies can elevate your marketing strategy, driving higher engagement and conversion rates.