Q1 2021 Performance of Top Consumer Finance Apps on Android in Australia

In the first quarter of 2021, the consumer finance app category demonstrated varied performance across major players in the Australian market on the Android platform. Sensor Tower provides a detailed look into how these apps fared in terms of downloads, revenue, and weekly active users.

Starting with Wallet: Budget Expense Tracker, the app saw its revenue peak at nearly $1M in late February, with a subsequent decline to around $500K by the end of March. Downloads showed a downward trend from 505K at the end of December to 358K by the end of March. Weekly active users fluctuated, reaching a high of 939K in mid-January and then stabilizing around 865K by the quarter's close.

MoneyBrilliant, an Australian-based app, reached its revenue zenith in early February at just over $1M, but experienced a decline to $393K by the end of March. The app's downloads started at 1.3M and decreased to 440K, with no available data on weekly active users.

For Spendee - Budget and Expense T, the revenue trended positively in late February, hitting $801K, but slightly dipped to $468K by March's end. The app struggled with downloads, commencing at 63K and descending to 21K. However, weekly active users showed a spike in late January at 1.1M, followed by a drop to 739K.

Splitwise saw a gradual increase in revenue, from $400K to $464K, and downloads also rose from 1.9M to 1.2M. The weekly active users for Splitwise started strong at 7.9M but experienced a decrease to 7.1M by the quarter's end.

Lastly, Budget planner—Expense tracker showed a revenue increase from $200K to $383K. Downloads for this app began at 592K, dipping to 363K, while weekly active users saw a drop from 686K to 519K.

These figures provide a snapshot of the consumer finance app landscape on Android in Australia for Q1 2021. For more in-depth insights, Sensor Tower's comprehensive analysis offers a closer look at the trends and behaviors within this dynamic market.