Raiz accuses Commonwealth Bank of “threatening fintech customers”
CommBank appeared to abuse its market power by threatening fintech customers, including Raiz Invest users, by scaremonger tactics over cyber security issues.
Raiz successfully raises over $6million via institutional placement
Raiz Invest have successfully completed of a Placement of seven million fully paid shares at $0.86 cents per new share, raising a total of $6.02 million.
Raiz exceeds $400 million in Funds Under Management
Raiz Invest Limited has now exceeded $400 million in total funds under management (FUM) as at the month ending 31 October 2019.
Raiz’s active customers exceeded 200,000, growth in superannuation FUM more than doubled to $55 million in the past 12 months
Raiz Invest, Australia’s largest mobile-first financial services platform, today announced an update for the three months to 30 September 2019.
RAIZ continues to grow customers, FUM
Raiz Invest Limited (ASX: RZI), announced the active (paying) customers and total funds under management (FUM) update for September 2019.
Another strong year of growth for RAIZ, announces the addition of the Raiz co-branded bundll MasterCard
Raiz announce the co-branded bundll MasterCard, representing a significant new feature and important milestone in Raiz’s evolution.
Raiz Invest international expansion continues with JV agreement executed with key Malaysian institution
Raiz Invest has taken a major step forward in its push into Southeast Asia, signing a joint venture agreement with Malaysia’s Jewel Digital Ventures
Australian FinTech company profile #18 – Raiz Invest
Raiz Invest is a micro-investing app that allows users to build their investments and savings by investing their virtual small change.
