AI Insights · Timothy · October 2023
Top 5 Finance Apps on iOS in Australia in Q3 2023
In Q3 2023, Australian finance apps showed varied performance trends in downloads and active users, with data sourced from Sensor Tower.
Throughout the third quarter of 2023, the top 5 finance applications on the iOS platform in Australia exhibited diverse trends in terms of downloads and active users. Here’s a closer look at the performance of Australian Taxation Office, CommBank, ANZ Plus, PayPal - Send, Shop, Manage, and Westpac.
Australian Taxation Office saw a significant drop in weekly downloads from 57.6K in early July to around 8.7K by the end of September. Active users peaked at 108.6K in early July but declined to 63.2K by the end of the quarter.
CommBank maintained a steady weekly download rate, starting at 17.6K and ending at 20.6K. Active users showed minor fluctuations, averaging around 2M throughout the quarter, peaking at 2.1M in the last week of September.
ANZ Plus experienced a surge in downloads early in the quarter, with 51.9K in the first week of July. This number then stabilized around 8.7K to 10.5K. Active users increased steadily from 114.4K to 139.9K by the end of September.
PayPal - Send, Shop, Manage showed consistent weekly downloads, ranging from 12.5K to 18.3K. Active users remained fairly stable, averaging around 77K to 80K throughout the quarter.
Westpac had weekly downloads fluctuating between 8.3K and 15.4K. Active users showed a slight decline from 476.7K in mid-September to 447.5K by the end of the quarter.
These insights, sourced from Sensor Tower, reflect the dynamic nature of the finance app market in Australia. For more detailed analytics, visit Sensor Tower.
