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AI Insights · Timothy · April 2024

Top 5 Consumer Finance Apps in New Zealand Q1 2024

A detailed look at the performance of the top 5 consumer finance apps in New Zealand during Q1 2024, including trends in downloads and active users.

Top 5 Consumer Finance Apps in New Zealand Q1 2024

In the first quarter of 2024, the top consumer finance applications in New Zealand saw varying trends in downloads and active users. Here's a closer look at the performance of these apps based on Sensor Tower data.

ANZ goMoney New Zealand experienced a noticeable increase in weekly downloads, peaking at around 5.7K in the final week of January. Downloads showed a slight decrease towards the end of the quarter, with the last week of March recording approximately 4K downloads. Weekly active users for this app started at 189K at the beginning of January, peaked at 209K in the last week of February, and then declined to 183K by the end of March.

ASB Mobile Banking saw a steady trend in weekly downloads, with the numbers fluctuating between 2.8K and 3.6K throughout the quarter. The highest number of downloads occurred in the third week of January with around 3.6K. The app's active users started at 126K in early January, increased to 135K towards the end of January, and stabilized around 128K by the end of March.

Kiwibank Mobile Banking maintained a consistent download rate, reaching a peak of 3.1K downloads in the last week of January. Weekly active users started at 242K at the beginning of January, peaked at 251K at the end of January, and slightly declined to 238K by the end of March.

BNZ Mobile showed steady weekly download numbers throughout the quarter, peaking at around 2.6K in the last week of February. Active users for this app started at 46K in early January and remained relatively stable, ending the quarter with approximately 47K active users.

Westpac One NZ Mobile Banking had consistent weekly downloads, with a peak of about 2.3K in the last week of February. Weekly active users started at 75K in early January, peaked at 79K in mid-January, and ended the quarter at approximately 75K.

For more detailed insights and data, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2024