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AI Insights · Timothy · September 2024

Top 5 Consumer Finance Apps on Android in Australia Q3 2024

In Q3 2024, Android's top consumer finance apps in Australia showed varying trends in downloads and weekly active users, with some apps experiencing growth while others faced declines.

Top 5 Consumer Finance Apps on Android in Australia Q3 2024

During the third quarter of 2024, the top consumer finance applications on the Android platform in Australia demonstrated diverse performance trends. Data sourced from Sensor Tower provides insights into downloads and weekly active users for these leading apps.

CommBank witnessed a fluctuating download pattern, reaching a peak of around 14K in mid-August, before tapering off to approximately 8.3K by the end of September. Its weekly active users remained relatively stable, hovering around 1.7M, with slight increases noted in late July and September.

For NAB Mobile Banking, downloads showed a modest rise, peaking at about 5.9K in mid-August. Weekly active users exhibited a general upward trend, climbing from 622K in early July to approximately 640K by the end of September.

Westpac experienced consistent download figures, maintaining a range between 4K and 5.1K throughout the quarter. Active users varied slightly, with numbers increasing from 468K to about 480K, indicating a mild growth in user engagement.

ANZ Australia downloads saw a peak in late July at around 5.1K, followed by a decline to 3.9K by late September. Despite this, weekly active users showed resilience, ending the quarter with an increase from 498K to 496K.

Lastly, ANZ Plus downloads peaked impressively in early August at 6.6K, before settling around 4.5K towards the end of the quarter. Its weekly active user base grew steadily, starting at 75K and reaching approximately 85K by the end of September.

These trends highlight the dynamic nature of the consumer finance app market on Android in Australia, with each app responding differently to user engagement and download patterns throughout Q3 2024. For more detailed insights and analytics, Sensor Tower offers a comprehensive range of data.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: September 2024