Top 5 Finance Apps on Android in Australia for Q3 2022

In the third quarter of 2022, the top 5 finance apps on Android in Australia showcased varying performance trends. Here’s a detailed look at their weekly downloads, active users, and revenue metrics based on data from Sensor Tower.

Google Wallet saw a notable increase in weekly downloads, starting from approximately 12.8K at the end of June and rising to around 24.9K by the end of September. Active users initially peaked at 341K mid-July but subsequently declined, stabilizing at about 167K by the end of the quarter.

The Australian Taxation Office app experienced a steady decline in weekly downloads, from roughly 14.3K at the end of June to about 3.5K by the end of September. Active users also followed a similar downward trend, decreasing from 30.2K to 21.2K over the same period.

PayPal - Pay, Send, Save demonstrated a more stable performance. Weekly downloads fluctuated between 9.3K and 7.5K initially but saw a slight increase to 9.1K by the end of September. Active users remained relatively stable, peaking at around 438K at the end of August before slightly decreasing to approximately 423K by the end of September.

The Ubank Money App showed a mixed performance. Weekly downloads varied, with a notable peak of 10.9K at the beginning of August, followed by a drop to around 5.3K by the end of September. However, active users consistently increased, starting from 18.4K at the end of June and reaching about 31.4K by the end of the quarter.

Lastly, CommBank maintained a relatively stable download rate, fluctuating between 8.4K and 7.5K, with a slight increase to 8.2K by the end of September. Active users remained robust, starting from approximately 1.61M at the end of June and rising to about 1.66M by the end of September.

For more detailed insights and data, visit Sensor Tower.