AI Insights · Timothy · July 2024
Top 5 Personal Finance Budgeting and Planning Apps in New Zealand Q2 2024
An overview of the performance metrics for the top personal finance apps in New Zealand during Q2 2024, including downloads, revenue, and active users.
During the second quarter of 2024, the top personal finance budgeting and planning apps in New Zealand demonstrated varying performance metrics across downloads, revenue, and active users. Here’s a closer look at the trends for each app, based on data from Sensor Tower.
Splitwise saw a consistent weekly revenue, peaking at $550 in late April and maintaining figures around $360-$467 through most of the quarter. Weekly downloads fluctuated between 783 and 967, with a noticeable increase towards the end of June. Active users remained relatively stable, hovering around 6.1K to 6.4K.
Booster NZ did not report any revenue, but its weekly downloads showed significant variation, with a peak of 1K in mid-May and early June. The lowest download figures were around 438 in early April, indicating some volatility in user acquisition.
Westpac NZ CashNav also did not report any revenue. The app’s weekly downloads were relatively stable, ranging from 344 to 434, with a slight dip observed in early June before recovering towards the end of the month.
Buddy: Budget Planner App experienced diverse revenue trends, peaking at $295 in early June. Downloads varied between 213 and 321, with a gradual decline observed in late May. Active users showed a slight downward trend, from 579 in early April to around 507 by the end of June.
PocketSmith Sidekick reported modest weekly revenue, peaking at $107 in mid-May. Downloads ranged from 134 to 268, with a noticeable decrease towards the end of the quarter.
For more detailed insights and data, visit Sensor Tower.