Q4 2023 Consumer Finance App Performance on Android in Australia

In the final quarter of 2023, the consumer finance app landscape on Android in Australia has seen varied performance across top applications. Data provided by Sensor Tower offers a detailed look into how these apps have fared in terms of user engagement and financial outcomes.

Wallet: Budget Expense Tracker from BudgetBakers.com experienced a fluctuating revenue trend, peaking at around $1.3K and dipping to $820 during the quarter. Downloads ranged from 108K to 189K, while weekly active users saw a slight decline from 686K to 571K.

Splitwise showed a revenue trend with highs and lows, reaching up to $1.1K before settling at $656. Downloads for the app started strong at 1.5M but showed a drop towards the end of the quarter, closing at 1.3M. Weekly active users peaked at 12.6M early in the quarter but experienced a drop to 10.4M towards the end.

WeMoney: Pay off debt faster, an Australian native app, observed a revenue increase from $646 to $1.3K over the quarter. Downloads began at 1.1M and saw a decrease, ending at 1M. Unfortunately, data for weekly active users was not available.

The app YNAB from ynab.com witnessed revenues starting at $724 and growing to $1.1K. Downloads showed a slight fluctuation, with the highest at 173K and the lowest at 89K. Active users remained relatively stable, ranging from 770K to 735K, indicating consistent user engagement.

Lastly, Spendee - Budget and Expense Tracker by SPENDEE a.s. had a steady revenue trend, peaking at $682 and ending the quarter at $430. The app saw an initial download count of 33K, but there were no new downloads recorded after the fifth week. Weekly active users showed a decline from 315K to 242K over the quarter.

For more insights into the performance of consumer finance applications and other app market data, Sensor Tower provides comprehensive analytics and detailed reports.