State of AI 2026 Report Is Live!

Blog

AI Insights · Timothy · June 2022

Top 5 Investing and Financial Management Apps in Australia Q2 2022

The top 5 investing and financial management apps in Australia for Q2 2022 saw varied performance in downloads and active user metrics.

Top 5 Investing and Financial Management Apps in Australia Q2 2022

The second quarter of 2022 saw significant activity in the investing and financial management app space in Australia. Here is a detailed look at the performance of the top 5 apps in this category, based on data from Sensor Tower.

Binance: Buy Bitcoin & Crypto experienced fluctuations in its weekly downloads, peaking at approximately 14.9K during the week of May 9. The app saw a gradual decline in downloads towards the end of the quarter, reaching around 5.7K in the final week of June. Weekly active users also showed a downward trend, starting from 148K at the end of March and dropping to about 106K by the end of June.

CoinSpot - Buy & Sell Bitcoin saw a notable peak in downloads in the week of May 9, with approximately 13.7K downloads. However, similar to Binance, the app's downloads decreased over the quarter, ending at around 3.3K in the last week of June. Active users showed a slight uptrend towards the end of the quarter, increasing from 251K at the end of May to about 309K in the final week of June.

Crypto.com - Buy Bitcoin, ETH had a peak in downloads of about 8.7K during the week of May 9, followed by a consistent decline, reaching roughly 2.3K in the final week of June. The active user base also decreased over the quarter, from 87.5K at the end of March to about 58K by the end of June.

Finder.com: Budget Manager showed a steady increase in weekly downloads, peaking at around 6.9K in the week of May 23. The app's downloads slightly decreased towards the end of the quarter, with about 3.6K downloads in the last week of June. No active user data was available for this app.

CommSec had relatively stable download numbers throughout the quarter, averaging around 5.2K weekly downloads. The app saw a slight increase in active users, peaking at 257K in the week of June 13, before ending the quarter with approximately 252K active users.

For more detailed insights and data, 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: June 2022