Top 5 Personal Finance Budgeting and Planning Apps in Australia Q1 2023

In the first quarter of 2023, the top five personal finance budgeting and planning apps in Australia showcased varied performance metrics on a unified platform. Here’s a detailed look at their weekly downloads, revenue, and active users.

Splitwise from Splitwise, Inc. saw a steady increase in weekly revenue, peaking at approximately $1.2K in mid-February. Weekly downloads remained relatively stable, fluctuating between 4.8K and 6.9K, while weekly active users ranged from 25.8K to 28.8K, showing some fluctuations throughout the quarter.

Buddy: Budget Planner App by Buddy Budgeting AB experienced a peak in weekly revenue in early January at around $3K, followed by a gradual decline. Weekly downloads showed a notable spike in mid-February, reaching 5.7K. Active users increased significantly from 3.3K at the start of the quarter to approximately 6.3K by the end of March.

WeMoney: Pay off debt faster from WeMoney had a consistent revenue stream throughout the quarter, with weekly revenue peaking at about $1.6K in early March. Weekly downloads fluctuated, reaching a high of 4.6K in the first week of January and a low of 1.5K towards the end of March.

Wisr Today - Smarter Money by WISR FINANCE PTY LTD saw significant revenue peaks in mid-January, reaching up to $3.3K. However, downloads remained relatively low, with the highest weekly downloads recorded at 4.2K in early January.

Lastly, Frollo - Money Manager from Frollo did not generate any revenue during this period. Weekly downloads peaked at 3K in late January, with a general downward trend observed towards the end of March.

These insights come from Sensor Tower, and more detailed analysis can be found on their platform.