Top 5 Investing and Financial Management Apps in New Zealand: Q3 2023 Performance

The third quarter of 2023 saw diverse performance metrics for the top 5 investing and financial management apps in New Zealand on a unified platform. Below is a detailed look at each app's performance based on data from Sensor Tower.

Sharesies: Easy Investing maintained a consistent download rate throughout Q3. Weekly downloads fluctuated slightly, peaking at around 2.8K in mid-July and experiencing a dip to approximately 2K in mid-August. The app's downloads rebounded towards the end of September, stabilizing at around 2.3K.

Generate KiwiSaver experienced significant variability in weekly downloads. The app saw a dramatic spike to about 5.9K in the week of July 24, followed by a more stable period with weekly downloads hovering between 700 and 1.1K. The highest downloads were recorded at the end of July, while the lowest were in mid-September.

Fisher Funds, which launched in mid-July, witnessed a notable peak in downloads at the end of August, reaching approximately 8.4K. This was followed by a sharp decline, stabilizing around 2.1K in the last week of September. The app's initial launch period showed a steady increase in weekly downloads, indicating strong initial interest.

Tiger Trade: Invest Globally showed steady performance across Q3. Weekly downloads remained fairly consistent, averaging around 1K, with a slight peak to 1.5K in the final week of September. The app's weekly revenue fluctuated, reaching a high of $64 in early September. Active users also showed growth, increasing from approximately 16.6K in late June to around 19.4K by the end of September.

Binance: Buy Bitcoin & Crypto demonstrated stable weekly download numbers, generally ranging between 700 and 900. Weekly active users saw a peak of around 10.8K in early July, followed by a decline to about 7.7K by the end of September. This app did not report any revenue for the quarter.

For more detailed insights and data, visit Sensor Tower.