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Raiz Invest Limited (ASX: RZI) (Raiz or The Company) is pleased to announce the successful completion of a Placement of seven million fully paid shares at $0.86 cents per new share, raising a total of $6.02 million. Pricing for the Placement was determined via an institutional bookbuild and the placement price of $0.86 cents represented […]

Raiz Invest Limited (ASX: RZI), Australia’s largest, mobile-first financial services platform designed to boost investing and savings in and outside of superannuation, has announced the active (paying) customers and total funds under management (FUM) update for September 2019. Raiz Invest CEO George Lucas commented: “Raiz continued to deliver strong growth across all customer categories during […]

Raiz Invest Limited (“Raiz” or “the Company”) (ASX: RZI), a first of its kind mobile-led, consumer focused, financial services platform, has provided an overview of its FY19 financial results for the year to 30 June 2019. This should be read in conjunction with the annual financial statements to 30 June 2019. FY19 highlights vs FY18 […]

Raiz Invest Limited (Raiz) has reached an agreement with Swiss Re Life & Health Australia Limited (Swiss Re) dated 22nd October 2018 (Agreement) to work exclusively with Swiss Re to jointly research and develop tailored and personalised superannuation insurance products using machine learning algorithms. This will initially be for its Raiz Invest Super product. The […]

With ongoing political unrest and the Royal Commission into the financial services industry, nearly half of millennials are spending less than six months ago and considering changes to their investment strategy. New research by Raiz Invest Limited, the mobile-first micro-investing platform, shows the recent political climate has made millennials more financially risk averse, with almost […]