Raiz user growth surges as managed funds rocket past $1.8 billion
While Raiz runs a classic investment fund behind the scenes, the way it fills the piggy bank is anything but old-school. The company's simple, app-based platform lets users round up their daily spending - whether for a coffee, or a cab fare - to the nearest $1, $2 or $3. The spare change is automatically whisked into their investment account, one tap at a time.
The company's active fee-paying customer numbers are now up 7.3 per cent year-on-year to 329,277 users, with an additional 4309 net new users joining the platform in the fourth quarter alone. The momentum continued into July, with customer numbers already surging to 333,233.
Annualised revenue per user also jumped 6.9 per cent to $77.20, driven by a strong uptake of higher-margin products such as its Raiz Plus, Raiz Super and Raiz Rewards platforms.
'The business fundamentals remain solid and all core metrics are trending positively.'
Raiz Invest managing director and chief executive officer Brendan Malone
Funds under management smashed through the $1.8 billion mark to hit $1.82 billion at the end of the quarter, up 30.4 per cent year-on-year and 10.3 per cent for the quarter. The rally was powered by $45.8 million in net inflows and a $125 million boost from market movements.
Management says the business is still gathering pace, with total funds under management hitting $1.88 billion by the close of business yesterday and a suite of new products and features already primed for launch in the first quarter of the new financial year.
While the key metrics continue to shine brightly, Raiz says breakout growth in specific products has caught the market's eye.
Raiz Super customers soared 20.8 per cent over the past year to 13,965 users, with Super funds under management jumping 34.4 per cent to $387.6 million. Its Kids portfolios also went gangbusters, growing 45 per cent to 54,961 accounts, with funds under management skyrocketing 80.8 per cent to $79.4 million.
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3 days ago
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Micro-investing platform Raiz Invest has wrapped up a stellar fourth quarter 2025, clocking record growth across customer numbers and boosting funds under management (FUM) to more than $1.8 billion, with its Super and Kids portfolios leading the charge. While Raiz runs a classic investment fund behind the scenes, the way it fills the piggy bank is anything but old-school. The company's simple, app-based platform lets users round up their daily spending - whether for a coffee, or a cab fare - to the nearest $1, $2 or $3. The spare change is automatically whisked into their investment account, one tap at a time. The company's active fee-paying customer numbers are now up 7.3 per cent year-on-year to 329,277 users, with an additional 4309 net new users joining the platform in the fourth quarter alone. The momentum continued into July, with customer numbers already surging to 333,233. Annualised revenue per user also jumped 6.9 per cent to $77.20, driven by a strong uptake of higher-margin products such as its Raiz Plus, Raiz Super and Raiz Rewards platforms. 'The business fundamentals remain solid and all core metrics are trending positively.' Raiz Invest managing director and chief executive officer Brendan Malone Funds under management smashed through the $1.8 billion mark to hit $1.82 billion at the end of the quarter, up 30.4 per cent year-on-year and 10.3 per cent for the quarter. The rally was powered by $45.8 million in net inflows and a $125 million boost from market movements. Management says the business is still gathering pace, with total funds under management hitting $1.88 billion by the close of business yesterday and a suite of new products and features already primed for launch in the first quarter of the new financial year. While the key metrics continue to shine brightly, Raiz says breakout growth in specific products has caught the market's eye. Raiz Super customers soared 20.8 per cent over the past year to 13,965 users, with Super funds under management jumping 34.4 per cent to $387.6 million. Its Kids portfolios also went gangbusters, growing 45 per cent to 54,961 accounts, with funds under management skyrocketing 80.8 per cent to $79.4 million.
