AI Insights · Timothy · October 2023
Top 5 Finance Apps Performance in Oceania Q3 2023
Explore the performance of the top 5 finance apps in Oceania during Q3 2023, highlighting weekly downloads and active user trends.
During the third quarter of 2023, the top 5 finance applications in Oceania demonstrated varied performance metrics in terms of weekly downloads and active users. Here’s an in-depth look at the trends observed for each app.
Australian Taxation Office saw its weekly downloads peak at 83K in early July before gradually declining to around 12K by the end of September. Active users also showed a sharp increase at the beginning of the quarter, reaching approximately 153K in the first week of July, then stabilizing around 87K towards the end of September.
CommBank experienced consistent weekly download numbers, fluctuating between 23K and 34K throughout the quarter. Active user numbers remained robust, starting at 3.8M and ending the quarter with just under 3.9M.
PayPal - Send, Shop, Manage maintained relatively stable weekly downloads, ranging from 23K to 29K. Its active user base hovered around 600K for most of the quarter, peaking at 614K in late August.
Google Wallet had weekly downloads varying between 18K and 28K. Active users showed a slight increase, starting at 206K and reaching approximately 190K by the end of September.
ANZ Plus observed a significant initial spike in downloads, peaking at 61K in early July, but this gradually leveled off to around 14K by the end of the quarter. Active users followed a similar trend, starting at 169K and increasing to nearly 198K by the end of September.
For more comprehensive insights into these trends, visit Sensor Tower.