AI Insights · Timothy · June 2022
Top 5 Personal Finance Budgeting and Planning Apps in New Zealand Q2 2022
Discover the performance trends of the top 5 personal finance budgeting and planning apps in New Zealand during Q2 2022, including downloads, revenue, and active users.
The second quarter of 2022 witnessed interesting trends in the performance of the top personal finance budgeting and planning applications in New Zealand. Below is a detailed overview of the weekly downloads, revenue, and active user trends for these apps, based on data from Sensor Tower.
Splitwise showed a steady increase in weekly revenue, peaking at approximately $77 in the week of June 6. Weekly downloads saw an upward trend, starting from 524 at the end of March and reaching 787 by the end of June. The app also observed a consistent rise in weekly active users, from 3.6K in late March to nearly 4.2K by the end of the quarter.
Booster NZ experienced a notable spike in downloads, particularly in early May, with a peak of 931 downloads. However, it saw a fluctuating trend in the subsequent weeks, ending the quarter with 297 downloads.
WeMoney: Pay off debt faster had an impressive surge in downloads in early May, hitting a high of 1.03K. This was followed by a decline, with numbers stabilizing around the low hundreds by the end of June.
Westpac NZ CashNav maintained a relatively steady download rate throughout the quarter, with weekly downloads fluctuating between 213 and 309. The app showed consistent user engagement without significant peaks or drops.
Buddy: Budget Planner App saw varied performance in revenue, peaking at $326 in late March and then stabilizing around $100-$300 for the rest of the quarter. Weekly downloads showed moderate fluctuations, with numbers generally staying between 179 and 303. The app's active user base grew steadily, reaching 397 by the end of June.
These insights reflect the dynamic nature of the personal finance app market in New Zealand. For more detailed data and analysis, visit Sensor Tower.