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AI Insights · Timothy · July 2021

Top 5 Finance Apps on iOS in Australia: Q2 2021 Performance

Explore the download and active user trends of the top finance apps on iOS in Australia during Q2 2021, with insights from Sensor Tower.

Top 5 Finance Apps on iOS in Australia: Q2 2021 Performance

During the second quarter of 2021, the CoinSpot - Buy & Sell Bitcoin app saw a robust start, peaking in weekly downloads at around 50K in early May. However, it experienced a steady decline towards the end of the quarter, closing with approximately 4.3K downloads in late June. The app's weekly active users mirrored this trend, starting at about 67K and peaking at 165K before settling to around 136K by the end of June.

The CommBank app maintained a consistent download rate throughout the quarter, generally ranging between 14K and 20K weekly downloads. Active users fluctuated slightly but remained stable, averaging around 1.8M users per week, with a slight dip in May before recovering in June.

PayPal - Pay, Send, Save showed a varied download pattern, with a slight increase towards the end of the quarter, reaching approximately 15K downloads. The active user base remained relatively steady, averaging around 72K to 74K users weekly.

Binance: Buy Bitcoin & Crypto experienced a notable peak in weekly downloads in early May at around 32K, but this number gradually decreased to about 4K by the end of June. Despite the decline in downloads, weekly active users stayed above 70K, peaking at 91K in mid-May.

Lastly, Zip - Shop Now, Pay Later maintained a relatively steady download rate, ranging from 9K to 10K per week. Its active user base remained stable throughout the quarter, averaging around 126K users weekly.

These insights, drawn from Sensor Tower data, highlight the dynamic landscape of finance apps in Australia. For more detailed app performance data, Sensor Tower offers comprehensive insights.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2021