Top 5 Finance Apps in Australia: Q1 2023 Performance

In Q1 2023, the top 5 finance apps in Australia showcased notable trends in weekly downloads, revenue, and active users. Data from Sensor Tower provides insights into the performance of these apps on a unified platform.

Xero Accounting for business saw a steady increase in weekly revenue, peaking at around $21.8K in late February. Weekly downloads grew from 1.9K in late December to 4.5K in mid-February before stabilizing around 4.3K. Active users started at 12.7K and reached a peak of 15K by the end of the quarter.

QuickBooks Self-Employed had a relatively stable weekly revenue, fluctuating around $8K. Weekly downloads showed a slight increase, peaking at 226 in mid-February. Active users saw a decline from 4K in early January to around 3.5K by the end of March.

TradingView: Track All Markets experienced a dip in weekly revenue early in the quarter but recovered to about $3.5K by the end of March. Downloads peaked at 2.9K in mid-March, while active users grew from 26.5K in late December to over 31K by mid-March.

YNAB saw a sharp decline in weekly downloads from 1.9K in early January to around 600 by the end of March. Revenue fluctuated, peaking at $3.4K in late December before dropping to $1.6K by the end of the quarter. Active users remained relatively stable, hovering around 3K to 3.6K.

Buddy: Budget Planner App showed significant growth in weekly downloads, peaking at 5.7K in mid-February. Revenue peaked at $3.1K in early January before stabilizing around $1.5K to $2.2K. Active users saw a substantial increase, reaching over 6.3K by mid-March.

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