Raiz Invest acquisition puts residential property on its investment menu

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Raiz Invest, Australia’s largest mobile-first financial services platform, has opened a new investment channel – residential property – for its customers, with an agreement to acquire the holding company of the Superestate business via the issue of 5.3 million Raiz shares. Using a share price for Raiz of $1.7845 (sourced from a 10 day VWAP

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