Kotak811 Surges to 3rd Spot in Global Banking App Downloads.

Banking & Finance | Dated: 18 Sep 2025

Kotak Mahindra Bank’s digital platform, Kotak811, has emerged as one of the fastest-growing banking apps globally, ranking 3rd in worldwide downloads during H1 2025, reflecting India’s growing footprint in mobile-first banking.

🎯 Key Highlights:

  • - Kotak811 ranked 3rd globally in banking app downloads during the first half (H1) of 2025, surpassing SBI’s Yono app, according to insights from Sensor Tower.
  • - The app recorded over 16 million downloads with a 250% Year-on-Year (YoY) growth, making it the fastest-growing banking app worldwide despite earlier RBI restrictions.

💡 Other Important Facts:

  • (i) Kotak811 is designed as a full-service digital banking platform, offering services such as zero-balance accounts, payments, investments, and credit products, catering to a wide range of financial needs in a mobile-first environment.
  • (ii) The app currently serves 2.6 crore KYC-compliant users, highlighting its strong adoption in India’s regulated financial ecosystem and the trust it has garnered among retail customers.
  • (iii) While Brazil’s NuBank and the UK’s Revolut held the top two positions in global banking app downloads, Kotak811’s rapid growth underscores the rise of mobile-first banking in India and the country’s competitive presence in the global digital finance landscape.

📚 Test Your Knowledge:

Recently, which Indian banking app ranked 3rd globally in banking app downloads during H1 2025?

Correct Answer: Kotak811

🚀 Quick Recap: