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AI Insights · Timothy · April 2022

Top 5 Finance Apps in Australia Q1 2022

Discover the performance trends of the top 5 finance apps in Australia during Q1 2022, based on data from Sensor Tower.

Top 5 Finance Apps in Australia Q1 2022

During the first quarter of 2022, the top finance apps in Australia demonstrated varied performance trends in terms of downloads and active users. Below, we delve into the weekly statistics for the top 5 finance applications on a unified platform, according to Sensor Tower data.

CommBank showed consistent weekly downloads, starting at around 29K in late December and peaking at approximately 33K by the end of March. The app's weekly active users also saw a gradual increase, beginning at 3.3M and ending at around 3.5M.

PayPal - Send, Shop, Manage experienced a notable upward trend in downloads, which grew from about 25K in late December to over 34K by the end of March. Weekly active users, however, fluctuated, ending the quarter at roughly 493K, up from 479K at the start of the period.

Google Wallet saw its downloads range from about 14K to 17K throughout the quarter. The app's active users increased gradually, starting at 210K and reaching approximately 246K by the end of March.

ANZ Australia had a steady performance in weekly downloads, which varied between 13K and 17K. Its active users showed a slight increase over the quarter, growing from around 1.1M to 1.2M.

Westpac maintained a relatively stable download count, ranging between 12K and 15K. The app's active users also showed an upward trend, beginning at about 882K and reaching approximately 922K by the end of March.

For more detailed insights into the performance of these finance apps and other market trends, visit Sensor Tower.


Sensor Tower's platform is an enterprise-level offering. Interested in learning more?


Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2022