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AI Insights · Timothy · October 2024

Top 5 Personal Finance Budgeting Apps on iOS in Australia for Q3 2024

Discover the performance trends of the leading personal finance apps in Australia during Q3 2024, featuring insights on downloads, revenue, and active users.

Top 5 Personal Finance Budgeting Apps on iOS in Australia for Q3 2024

In the third quarter of 2024, the top personal finance budgeting and planning apps on the iOS platform in Australia showed varied performance trends. Here's a closer look at each app's journey through the quarter.

WeMoney: Pay off debt faster saw a varied trend in its weekly revenue, peaking at nearly $1.4K in mid-July, before experiencing a gradual decline to around $685 by the end of September. Downloads started strong at approximately 3.2K in early July, but tapered off to about 2.5K by the end of the quarter.

Splitwise maintained a relatively stable revenue stream throughout the quarter, reaching a high of $1.1K in early September. Weekly downloads fluctuated slightly, beginning at 4.1K and closing the quarter with around 3.9K. Active users hovered between 17K and 19K, showing a slight increase towards the end of the quarter.

Receipt Scanner: Easy Expense experienced a peak in weekly revenue of about $1.6K at the end of July, but saw a decline towards the end of September, settling at approximately $550. Downloads followed a downward trend, starting at 739 and ending at 285 by the end of the quarter.

Buddy: Budget Planner App showed a consistent weekly revenue pattern, peaking at around $918 in late August. Downloads began at 2.2K in early July, declining to around 1.6K by the end of September. Active users showed a gradual decrease, starting at 3.8K and ending at approximately 3.3K.

YNAB had a relatively stable revenue trajectory, with slight variations, peaking at $878 in the first week of July and closing at $749 by the end of September. Downloads were steady, beginning at 592 and ending at 553. Active users increased slightly from 2.4K to 2.6K over the quarter.

These insights, sourced from Sensor Tower, highlight the dynamic nature of app performance in the personal finance sector. For more detailed analysis, Sensor Tower offers comprehensive data and insights.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2024