Refined strategy driving Raiz’s revenue growth

ASX-listed Raiz Invest have released its Quarterly Activities Report & Appendix 4C for the quarter ending 31 December 2023.

Key highlights during this period included group revenue up 6.0% QOQ to $5.47 million and the December 2023 launch of the ‘Raiz Your Game’ campaign, to create brand awareness in households across Australia.

Brendan Malone (pictured), Raiz Invest Managing Director and CEO said, “We now have a comprehensive investment product suite which is designed to increase the lifetime value of our customers through new products and services that suit their changing lifestyles over their life.

“We are very pleased to see that our refocus on the core Australian market, is already delivering early results in terms of increased ARPU, higher revenue and improved unit economics and we have positive momentum heading into 2H FY24.”