Top 5 Finance Apps on Android in Australia - Q3 2023

In Q3 2023, the top 5 finance apps on the Android platform in Australia showed varying performance trends in terms of weekly downloads and active users. Here's a detailed look at how each app fared during this period:

Google Wallet saw a fluctuating trend in weekly downloads, starting at around 22.4K in late June and peaking at 25.5K in the week of August 21. However, downloads dropped to approximately 15.7K by the end of September. Weekly active users for the app showed a more stable pattern, ranging from 80K to 163K, with a noticeable increase towards the end of the quarter, reaching around 150K.

CommBank maintained a relatively steady download rate, with weekly downloads hovering between 8.4K and 10.6K. The app's weekly active users exhibited minor fluctuations, starting at about 1.72M in late June, dipping slightly mid-quarter, and ending strong at approximately 1.75M by the end of September.

The Australian Taxation Office app experienced a significant decline in weekly downloads over the quarter. Starting from a high of 24.9K in early July, downloads dropped to around 3.3K by the end of September. Active users followed a similar downward trend, starting at 43.5K and ending the quarter at about 22.8K.

PayPal - Send, Shop, Manage demonstrated consistent performance in weekly downloads, ranging from 7K to 8.9K. The app's weekly active users remained relatively stable, fluctuating between 410K and 441K, with a peak in late August.

Finally, Westpac showed a steady increase in weekly downloads, peaking at 7.6K in late July before stabilizing around 5.2K by the end of September. Active users for Westpac ranged from 486K to 517K throughout the quarter, with minor fluctuations but no significant drops.

These insights come from Sensor Tower, where you can find more detailed analytics and trends for the finance app market in Australia.