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AI Insights · Timothy · October 2022

Top 5 Investing and Financial Management Apps in Oceania Q3 2022

In the third quarter of 2022, the top 5 investing and financial management apps in Oceania showed varied performance in weekly downloads and active users, with notable trends in user engagement.

Top 5 Investing and Financial Management Apps in Oceania Q3 2022

During the third quarter of 2022, the top 5 investing and financial management apps in Oceania displayed diverse performance metrics, reflecting varying levels of user engagement and market penetration. The data, sourced from Sensor Tower, offers valuable insights into the weekly downloads and active users for these leading applications.

Binance: Buy Bitcoin & Crypto saw a fluctuating trend in weekly downloads, starting at around 6.5K in late June and experiencing slight dips and rises before peaking at approximately 7K in mid-September. The app's weekly active users also showed some variability, starting at about 121K and ending the quarter around 111K.

IC Markets experienced a significant drop in weekly downloads after a strong start. Downloads fell from around 12K in early July to just a few dozen by the end of September. This app did not report weekly active user data for the period.

CommSec maintained a relatively steady download rate, with weekly downloads ranging from approximately 4.3K to 5.4K throughout the quarter. The app's weekly active users remained consistently high, starting at about 253K and ending the quarter slightly lower at 247K.

Sharesies: Easy Investing demonstrated a stable performance in weekly downloads, fluctuating between 3.3K and 4.4K. Weekly active user data was not available for this app during the third quarter.

Sweat Wallet, a newer entrant, showed a remarkable increase in weekly downloads post-launch, peaking at around 15.8K in early September. The app’s weekly active users also saw a significant rise, reaching approximately 32K in mid-September before stabilizing just below 25K by the end of the quarter.

For more detailed insights and data on these apps, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2022