AI Insights · Timothy · October 2024
Top 5 Finance Apps Performance in New Zealand, Q3 2024
Explore the performance trends of the top five finance apps on a unified platform in New Zealand during the third quarter of 2024.
In the third quarter of 2024, the finance app category in New Zealand showcased notable trends across the top five applications. Data sourced from Sensor Tower provides an insightful look into the weekly downloads, revenue, and active users for these apps.
Atlas Earth from Atlas Reality, Inc. experienced a peak in weekly revenue at approximately $4.5K during mid-July, with a gradual decline to about $932 by the end of September. Weekly downloads reached their highest at 3.8K in mid-July, then tapered off to around 561 by the end of the quarter. The app's active users peaked at 3.3K in late July, decreasing to about 1.8K towards the end of September.
Xero Accounting for business, developed by Xero Ltd, maintained a steady revenue flow, with a peak of approximately $1.5K in mid-September. Downloads remained relatively stable, averaging around 700 weekly. Active users saw a slight increase from 2.7K at the start of July to 2.8K by the end of September.
TradingView: Track All Markets showed a significant increase in weekly revenue mid-August, reaching up to $1.4K. Weekly downloads hovered around 500, while active users consistently increased, peaking at nearly 5K by the end of September.
Splitwise from Splitwise, Inc. saw a steady revenue climb, peaking at $541 in late September. Downloads remained stable, averaging around 940 per week, while active users hovered around 6.1K throughout the quarter.
Lastly, YNAB experienced a gradual increase in revenue, reaching $455 by the end of September. Downloads fluctuated slightly, with a peak of 217 in early September, while active users remained stable, ending the quarter at approximately 761.
These insights highlight the dynamic nature of the finance app market in New Zealand during this period. For more detailed insights and data, visit Sensor Tower.