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AI Insights · Timothy · October 2024

Top 5 Investing and Financial Management Apps on Android in Australia Q3 2024

Discover the performance trends of the leading investing and financial management apps on Android in Australia during Q3 2024, highlighting downloads, revenue, and active users.

Top 5 Investing and Financial Management Apps on Android in Australia Q3 2024

In the third quarter of 2024, the top five investing and financial management apps on Android in Australia showcased varied performance trends in terms of downloads, revenue, and weekly active users. This data, sourced from Sensor Tower, provides valuable insights into the landscape of financial apps in the region.

moomoo:Investing&Trading, published by Moomoo Technologies Inc., experienced a rise in weekly revenue, peaking at approximately $1.1K in early September. Downloads showed a gradual decline from a high of 2.2K in early August to just over 1K by the end of September. Weekly active users demonstrated stability, fluctuating around 11K throughout the quarter.

Binance: Buy Bitcoin & Crypto from Binance Inc. did not generate revenue during the quarter but maintained steady download numbers, with a peak of 1.6K in mid-September. The app's active user base exhibited fluctuations, starting at 30.8K in July and reaching 35.3K towards the end of September, before dropping to 27.1K.

CommSec, an Australian app, did not report any revenue, but download numbers remained consistent, averaging around 1.2K weekly. Active users stayed relatively stable, maintaining a range of 68K to 72K throughout the quarter.

Crypto.com - Buy Bitcoin, DOGE also reported no revenue. Downloads showed a significant drop in late August, from 1.5K to 681, but rebounded slightly to 903 by the end of September. Active users decreased from a high of 21.9K in early July to 17.9K by the quarter's end, with some fluctuations in between.

Lastly, Raiz maintained a steady download rate, averaging around 1K weekly, with a peak of 1.3K in late September. Weekly active users hovered around the 30K mark, demonstrating consistent engagement throughout the quarter.

For more detailed insights and analytics, visit Sensor Tower's platform to explore these trends further.


Sensor Tower's platform is an enterprise-level offering. Interested in learning more?


Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2024