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 […]
continue readingRaiz 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 […]
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09
Oct
2019
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 […]
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30
Aug
2019
The JVA is with Jewel Digital Ventures Sdn Bhd (Jewel), a wholly-owned subsidiary of PNB Equity Resource Corporation Sdn Bhd (PERC), which, in turn, is wholly owned by Permodalan Nasional Berhad (PNB) (www.pnb.com.my). Jewel is the investment vehicle set up by PNB to spearhead its digital business strategy which aims to unlock digital value propositions […]
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30
May
2019
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 […]
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24
Oct
2018
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 […]
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04
Oct
2018
Raiz Invest Limited, the mobile-first micro-investing platform, has launched a chatbot to improve the user experience. Customers can ask Ashlee specific questions about their account or the financial markets and get general customer support. Much like a personal fitness coach, the aim is to help Australians have a healthier relationship with their finances. With an […]
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21
Sep
2018
Versive, Inc., an award-winning AI-based cybersecurity company based in Seattle, U.S, has announced that Raiz Invest Limited (Raiz), a mobile first micro-investment platform based in Australia, is using the Versive Security Engine (VSE) to help protect sensitive customer data and comply with financial regulations. Raiz provides customers an easy way to regularly invest either small […]
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13
Aug
2018
Raiz Invest Limited, the mobile-first micro investing platform, improving financial confidence for over 164,000 Australians, is strategically using research and insights to continuously garner understanding and awareness of their customer needs, with the help of Dr. Jake An, Raiz Invest Research Phd and in conjunction with major Sydney Universities. Dr. Jake An applies his PhD theories […]
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09
Aug
2018
Raiz Invest Limited (“Raiz” or “the Company”, formerly known as Acorns Grow Australia), Australia’s first mobile-led investing platform, yesterday announced the lodgement of its prospectus for the Company’s public offering to raise over $15 million from investors. The offering, which is fully underwritten, will provide current Raiz customers with priority access, while also allowing institutional […]
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14
May
2018
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