Raiz sees growth as FUM nears $465m
Raiz Invest Limited (ASX: RZI), Australia’s largest, mobile-first financial services platform, has reported FUM now sits at $464.67 million.
Raiz wants ePayments Code overhauled to level financial services playing field
Raiz Invest is urging an overhaul of the ePayments Code as one critical measure to increasing competition and level the playing field.
ASIC gives Raiz the all clear for retail Bitcoin fund
Fintech Raiz has jumped the final legal hurdle to enable it to go full steam ahead for its retail Bitcoin fund, after ASIC gave it the go ahead.
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.
