Blog

AI Insights · Timothy · April 2023

Top 5 Investing and Financial Management Apps in Australia: Q1 2023

In the first quarter of 2023, the top 5 investing and financial management apps in Australia showed varied performance in weekly downloads and active users. Here’s a closer look at their trends.

Top 5 Investing and Financial Management Apps in Australia: Q1 2023

In the first quarter of 2023, the top 5 investing and financial management apps in Australia showed varied performance in weekly downloads and active users. Here’s a closer look at their trends.

Binance: Buy Bitcoin & Crypto saw a notable increase in weekly downloads, starting at around 4.8K at the end of December and peaking at 7.4K in the week of March 20. Weekly active users also showed fluctuations, starting at approximately 59.3K and reaching a high of 88.6K in mid-March.

Finder.com: Budget Manager experienced a consistent rise in weekly downloads, starting at 1.8K and peaking at 7.4K in the week of February 6. However, the downloads dropped to around 3K by the end of March.

CommSec maintained a steady download rate throughout the quarter, beginning with 4.3K in late December and hovering around 4.6K by the end of March. Weekly active users remained relatively stable, starting at approximately 246.9K and modestly increasing to 247.4K by the end of the quarter.

Raiz - Invest The Spare Change showed varied weekly downloads, beginning with 4.1K and peaking at 6.1K in the week of January 23. Weekly active users fluctuated slightly, starting at around 78.6K and ending at 72.2K.

Plus500 Trading Platform saw a consistent increase in weekly downloads, starting at 1.8K in late December and peaking at 5.1K in the week of March 13. Weekly active users also showed an upward trend, beginning at approximately 18.5K and reaching 24.7K by mid-March.

These insights are based on data from Sensor Tower. For more detailed analytics and trends, visit Sensor Tower.


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


Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2023