AI Insights · Timothy · April 2022
Top 5 Finance Apps in Australia in Q1 2022
The top 5 finance apps in Australia for Q1 2022 showed significant trends in revenue, downloads, and active users. Data from Sensor Tower reveals their performance on a unified platform.
In the first quarter of 2022, the top 5 finance apps in Australia exhibited varying trends in revenue, downloads, and active users, according to Sensor Tower data. Here’s a closer look at their performance:
Xero Accounting for business from Xero Ltd experienced a steady increase in weekly revenue, peaking at approximately $17.8K in the final week of March. Weekly downloads showed moderate fluctuations, reaching around 4.5K in the week of January 3. Weekly active users saw a slight increase from 11.7K to 13.2K throughout the quarter.
QuickBooks Self-Employed by Intuit Inc. had a notable revenue peak of roughly $15.5K in the last week of December, with a dip to around $9.2K in mid-March. Weekly downloads were generally low but relatively stable, hovering around 400-1.2K. Active users fluctuated, starting at 6.9K and ending at 6.4K.
Finimize Finance News Insights from Finimize Ltd. saw a significant drop in weekly revenue from about $3.3K in early January to $614 by the end of March. Downloads also decreased from 1.4K in early January to 352 by the end of March. Active users followed a similar trend, decreasing from 654 to 308 over the quarter.
TradingView: Track All Markets by TradingView had a relatively stable weekly revenue, peaking at around $2K in early January and ending at $1.4K in late March. Weekly downloads were consistently around 1.1K to 1.7K. Active users remained strong, fluctuating between 23.5K and 25K throughout the period.
Buddy: Budget Planner App from Buddy Budgeting AB showed a steady revenue trend, peaking at approximately $2.4K in mid-January and declining to around $983 by the end of March. Downloads varied, peaking at 1.3K in early March. Active users increased from 1.5K to 1.8K over the quarter.
These insights provide a snapshot of the leading finance apps in Australia for Q1 2022. For more detailed analytics and trends, visit Sensor Tower.