Top 5 Consumer Finance Apps Performance in Australia Q3 2022

The third quarter of 2022 saw notable activity in the consumer finance app sector in Australia. Here's a detailed look at the performance of the top 5 apps on a unified platform, as reported by Sensor Tower.

CommBank experienced steady weekly downloads, ranging from approximately 21.9K to 27.7K. The download trend had a slight dip mid-quarter but ended strong with a peak of 27.7K in the final week of September. Active users saw a consistent increase, starting at around 3.54M and reaching approximately 3.64M by the end of the quarter.

Westpac maintained a stable download rate throughout the quarter, averaging around 14K weekly downloads with a peak of 15.7K in mid-July. Active users increased from about 966K at the start of the quarter to over 1.02M by the end of September.

ANZ Australia showed a consistent download pattern, averaging around 13.5K to 14.5K downloads per week, with a slight dip in August but recovering towards the end of September. Active users saw a gradual rise from about 1.10M to nearly 1.21M over the quarter.

The Ubank Money App had fluctuating download numbers, peaking at 17.4K in the first week of August and dropping to 9.5K by the end of September. Active users showed a steady increase, starting from approximately 28.8K and reaching about 50.5K by the quarter's end.

NAB Mobile Banking experienced moderate weekly downloads, ranging from about 10.3K to 13.9K. The app's active users saw a slight increase from 1.25M at the start of the quarter to about 1.29M by the end of September.

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