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AI Insights · Timothy · July 2022

Top 5 Finance Apps on iOS in Australia for Q2 2022

Discover the performance trends of the top 5 finance apps on iOS in Australia for Q2 2022, including PayPal, CommBank, ANZ Australia, Zip, and Westpac.

Top 5 Finance Apps on iOS in Australia for Q2 2022

In the second quarter of 2022, the top five finance apps on iOS in Australia showcased distinct trends in downloads and active user metrics. Here’s a closer look at how PayPal - Send, Shop, Manage, CommBank, ANZ Australia, Zip - Shop Now, Pay Later, and Westpac performed during this period.

PayPal - Send, Shop, Manage observed a steady download rate throughout the quarter. Weekly downloads started at approximately 18.3K in late March, peaking at around 19.8K in early May before experiencing a gradual decline to 13.8K by the end of June. Active user numbers fluctuated slightly, beginning at 79.4K in late March, dipping to 72.6K in mid-April, and closing the quarter at 80.1K.

CommBank experienced a varied download pattern. Weekly downloads began at 21.6K in late March, dipped to a low of 11.2K in late April, and then rebounded to 15.1K by the end of June. Active users for CommBank remained strong and consistent, starting at 1.89M in late March and ending at 1.92M in late June, with minor fluctuations throughout the quarter.

ANZ Australia showed a more consistent download trend, with weekly downloads hovering around the 8K to 11.6K range. Active users started at 603K in late March, saw a peak of 619K in early April, and ended the quarter at 588K, indicating a slight decline over the three months.

Zip - Shop Now, Pay Later also had a stable download performance. Weekly downloads fluctuated between 6.8K and 8.9K throughout the quarter, with a slight upward trend towards the end, reaching 8.5K in late June. Active users remained relatively stable, starting at 128K in late March and ending at 125K in late June.

Westpac saw weekly downloads ranging from 6.2K to 9.5K, with a noticeable increase towards the end of the quarter, peaking at 8.5K in late June. Active users began at 419K in late March and grew steadily to 439K by the end of June, demonstrating consistent user engagement.

For further insights and detailed app performance data, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2022