• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Financial Wellness

You are here: Home / Personal Finances / Finance Apps Usage Soars Higher In Asia-Pacific

Finance Apps Usage Soars Higher In Asia-Pacific

June 20, 2017 by Katie Bentley

A recent study reveals that Asia Pacific has the most finance app users at present.

Around the world, there is an evident increase in the number of individuals depending on finance apps, both on PC and mobile.

This is also true in terms of managing their finances. 

Read up on what CXO Today has to say.

Finance Apps Usage Soars Higher In Asia-Pacific

Are Finance Apps Secure As Usage Soars High In Asia?

App Annie, one of the leading providers of mobile app analytics and insights reported a massive increase in application usage, globally.

While 1 trillion hours of global app usage has been recorded by them in 2016, India has emerged as the 5th biggest user base of mobile apps, all over the world.

Click here to read more.

According to a recent study conducted by App Annie, there has been a significant increase in mobile app usage around the globe. This is not a surprise.

A lot of third world countries are starting to embrace new technologies. These also provide opportunities available through mobile phones and the internet.

As millennials catch up with today’s technological trend, an increase of financially conscious young adults is observed. They become an addition to the growing finance app users globally.

The Growth Globally

As mobile giants develop faster and better devices for consumers, so do mobile applications.

Mobile software and applications are starting to become a vital part of our daily lives.

Almost all our daily activities rely on the internet and other  applications that “make life easier.” Health monitoring applications, transportation-related mobile apps, and finance apps are just a few of the things that improve parallel with technology.

As the present generation adapts to the demands of today’s fast-paced life, seeking solutions available via mobile apps becomes a top choice.

Convenience and accessibility are just two of the most important features that make mobile apps a solution for most of our daily needs.

From monitoring our heart rates to scheduling meetings, and managing our finances anywhere, anytime we need. This happens globally but has been more evident in areas like the Asia-Pacific regions.

Financial Applications Set to Lead

Countries like China is one of the leading Asian countries that has shown a significant increase in finance app use.

This 230 percent increase is even double than Australia and South Korea’s mobile finance app usage in 2014.

As younger adults become more aware of their financial health, individuals are leaning into the security and accessibility features mobile finance apps may provide.

Ultimately, mobile and web-based applications like the Mint app has become an essential tool that can help on-the-go millennials. The app helps keep track of their finances anytime and anywhere.

The increase in users is evident proof that individuals in the region pay more attention to their financial health.

All things considered, financial freedom is not available through mobile apps.

However, through these applications, we can monitor and take control of our finances even while on the go.

In conclusion, performing financial transaction has become easier, secure, and appropriate for today’s generation, thanks to these finance apps.

Uncover 4 best practices the leading Finance apps in Asia Pacific employ: https://t.co/LIefJFGSs9

— App Annie (@appannie) May 24, 2017

CNBC breaks down the top financial mobile apps that can organize your financial life in this video:

 

What are your experiences with financial apps? Share your stories in our comments section!

Clueless on finance apps and budgeting tools? Visit this article 15 Amazing Budgeting Tools That Can Help Anyone to learn more.

Filed Under: Personal Finances

Previous article: 7 Reasons Why Financial Planning Must Be Taught in Schools
Next Post: Top Personal Finance Apps

Primary Sidebar

Follow Us







RECENT ARTICLES

  • What is Chapter 11 Bankruptcy and How it May Protect BusinessesWhat is Chapter 11 Bankruptcy and How May It Protect Businesses?
    Chapter 11 bankruptcy isn’t uncommon, yet many fail to see its purpose. Most people have heard of Chapter 11 vs Chapter 7 liquidation, or even [...]
  • Personal Loans After Bankruptcy Discharge: Is This Possible?Personal Loans After Bankruptcy Discharge: Is This Possible?
    Applying for personal loans after a bankruptcy discharge? Getting approved may not be easy, but it still is possible. It will definitely require [...]
  • How to Stop A Student Loan Wage GarnishmentHow to Stop A Student Loan Wage Garnishment
    Student loan wage garnishment is the last thing you want to experience while paying student debts. Monthly wage deductions could ruin your spending [...]
  • Don’t Miss These Posts On Financial Wellness..
    Here’s what happened on Financial Wellness 1. How to Start Investing in Stocks Even With Debt If you’re in debt, then you might be afraid [...]
  • Credit Repair Credit Cards: Learn to Rebuild Your CreditCredit Repair Credit Cards: Learn to Rebuild Your Credit
    Trashing your credit score is so much easier than building a solid credit rating. It’s no wonder so many people seek out credit repair credit [...]
Instagram has returned invalid data.

Connect With Us On Instagram!

Footer

Financial Wellness

© 2021
FinancialWellness.org
All rights reserved

  • Privacy Policy
  • Terms and Conditions
  • Contact Us

This Copyrighted Material may not be republished without express permission. The information presented here is for general educational purposes only. Material Connection Disclosure: You should assume that this website has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to/from this page and may receive commissions from purchases you make on subsequent websites. You should not rely solely on information contained on this page to evaluate the product or service being endorsed. Always exercise due diligence before purchasing any product or service. This website contains advertisements.

FOLLOW US

  • Facebook
  • Twitter
  • Instagram