Top 5 Investing and Financial Management Apps in Australia Q3 2022

In the third quarter of 2022, the top 5 investing and financial management applications in Australia exhibited diverse trends in weekly downloads and active users. Here’s a detailed look into their performance:

Binance: Buy Bitcoin & Crypto from Binance Switzerland AG showed a steady performance in weekly downloads, starting with around 5.7K downloads at the end of June and slightly fluctuating to end at approximately 5.8K in late September. The app saw active users ranging from 90K to 105K throughout the quarter, with no significant spikes or drops.

IC Markets, published by International Capital Markets Pty Ltd, experienced a notable decrease in weekly downloads after mid-August. Starting from around 9.4K downloads at the end of June, the numbers fell sharply to double digits by the end of September.

CommSec by Commonwealth Bank of Australia maintained a relatively stable download rate throughout the quarter, fluctuating between 4.3K and 5.3K downloads weekly. The app's active user base remained strong, averaging around 245K to 252K users per week without significant changes.

CoinSpot - Buy & Sell Bitcoin from CoinSpot saw consistent weekly downloads, starting at around 3.4K and ending at a similar level by late September. Active users for this app ranged from approximately 281K to 319K, maintaining a stable user base over the quarter.

Sweat Wallet from The Sweat Foundation Ltd, which launched in August 2022, experienced a rapid increase in weekly downloads, peaking at around 13.8K in early September before declining to about 4.3K by the end of the month. Active users showed a similar trend, growing from 2.4K in late August to about 27.7K in mid-September, then decreasing to 21.6K by the end of the quarter.

These insights are based on data from Sensor Tower. For more detailed analytics, visit Sensor Tower.