AI Insights · Timothy · April 2022
Top 5 Consumer Finance Apps in Australia Q1 2022
In Q1 2022, the top 5 consumer finance apps in Australia showed varied trends in downloads and active users. CommBank led in weekly active users, while ANZ Australia saw the most significant growth in downloads.
In the first quarter of 2022, the top 5 consumer finance applications in Australia demonstrated diverse performance metrics. Here’s a closer look at the trends for CommBank, ANZ Australia, Westpac, NAB Mobile Banking, and ING Australia Banking.
CommBank experienced a consistent increase in weekly downloads, peaking at around 32K in the final week of March. The app also maintained a strong user base, with weekly active users rising from 3.3M to approximately 3.5M throughout the quarter.
ANZ Australia saw a notable increase in weekly downloads, starting at around 13.7K and reaching 16.8K by the end of March. The app's weekly active users fluctuated slightly but ended the quarter higher, moving from 1.1M to about 1.14M.
Westpac showed a steady performance in weekly downloads, starting at 13.8K and finishing at approximately 14.7K. The app’s weekly active users saw minor fluctuations, ending the quarter with around 921K users.
NAB Mobile Banking had stable weekly downloads, beginning at 12.6K and peaking at about 15.2K early in January. The app maintained a strong user base, with weekly active users consistently around 1.2M throughout the quarter.
ING Australia Banking experienced a slight decline in weekly downloads, starting at 5.1K and ending at around 4.9K. The app’s weekly active users remained relatively stable, hovering around 375K for most of the quarter.
These insights are based on data from Sensor Tower. For more detailed analysis and trends, visit Sensor Tower’s platform.
