AI Insights · Timothy · July 2022
Top 5 Finance Apps in Australia Q2 2022
A look at the performance of the top 5 finance apps in Australia during Q2 2022, including trends in weekly downloads and active users.
In the second quarter of 2022, the top 5 finance applications in Australia showed varied performance metrics on a unified platform, according to data from Sensor Tower.
PayPal - Send, Shop, Manage had consistent weekly downloads, fluctuating between 21K and 34K. The highest download count was 34K in the first week of April. Weekly active users remained relatively stable, with a slight increase towards the end of the quarter, reaching around 500K by the last week of June.
CommBank also experienced steady weekly downloads, ranging from 21K to 32K. The number of active users hovered around 3.5M, peaking at 3.6M in the final week of May.
ANZ Australia saw weekly downloads between 12K and 17K, with a noticeable peak in the last week of June at around 14K. Active users showed a slight decline over the quarter, ending at approximately 1.1M.
Zip - Shop Now, Pay Later maintained a consistent download rate, ranging from 11K to 14K. Active users remained stable throughout the quarter, averaging around 220K.
Lastly, Google Wallet had weekly downloads fluctuating between 10K and 16K. Active users consistently hovered around 240K, with minimal variation.
For more detailed insights and data, visit Sensor Tower.
