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AI Insights · Timothy · October 2024

Top 5 Finance Apps on iOS in New Zealand - Q3 2024 Performance

Explore the performance trends of the top 5 finance apps on iOS in New Zealand during Q3 2024, with insights into downloads and active user metrics.

Top 5 Finance Apps on iOS in New Zealand - Q3 2024 Performance

In the third quarter of 2024, the finance app landscape in New Zealand showcased varied performance metrics across the top five applications on iOS. Here's a detailed look into their weekly downloads and active user trends, as reported by Sensor Tower.

Wise (ex TransferWise) experienced a fluctuating pattern in weekly downloads, beginning the quarter with 3.7K downloads and peaking at 4.2K in mid-August. Active users generally increased throughout the quarter, starting at 14.7K and reaching over 15K by the end of September.

ANZ goMoney New Zealand maintained a steady increase in weekly downloads, reaching approximately 2.6K by the end of September. The app saw a rise in active users as well, growing from 89.9K to nearly 100K, indicating a strong user engagement.

Sharesies: Easy Investing showed a moderate increase in weekly downloads, peaking at 2K in early August. This trend was followed by a decline, stabilizing at about 1.6K towards the end of the quarter. No active user data was available for this period.

ASB Mobile Banking had a consistent download rate, with numbers ranging from 1.5K to 1.9K weekly. Active users saw an upward trend from 57.7K in July to over 62K by late September, reflecting stable growth in user engagement.

Finally, PayPal - Pay, Send, Save exhibited a stable download trend, hovering around 1.5K to 1.7K weekly. Active users remained relatively constant, fluctuating slightly around the 11K mark throughout the quarter.

These insights illustrate the dynamic nature of user interaction with finance apps in New Zealand's iOS market. For more detailed analytics and insights, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2024