Top 5 Finance Apps in Australia Q3 2021: Performance Overview

The third quarter of 2021 saw notable performance from the top five finance apps in Australia on a unified platform. Below, we delve into their download trends and active user metrics, based on data from Sensor Tower.

PayPal - Pay, Send, Save experienced fluctuating weekly downloads, starting at approximately 24.7K in late June and peaking at around 37.2K by the end of September. Active users showed a slight decline initially, dropping from 456K to 430K by mid-July, but rebounded to end the quarter at a strong 477K.

CommBank saw consistent weekly downloads, beginning at 24.7K and increasing to a peak of 34K in the final week of September. Active user numbers remained robust throughout the quarter, starting at 3.3M and maintaining a steady range, closing the quarter at approximately 3.4M.

The Australian Taxation Office app faced a decline in weekly downloads from 30.3K in late June to around 10K by the end of September. Despite this, active users remained relatively stable, starting at 69.9K and ending the quarter at 52.9K.

Zip - Shop Now, Pay Later exhibited a slight downward trend in weekly downloads, from 17.5K at the beginning of the quarter to about 15.2K by the end. Active users also saw minor fluctuations, starting at 238K and ending the quarter similarly at 238K.

Lastly, Google Wallet showed a consistent increase in weekly downloads, starting at 9.7K in late June and reaching 22.8K by the end of September. Active users also exhibited growth, beginning at 153K and peaking at roughly 170K by the quarter's end.

For more detailed insights and data, visit Sensor Tower.