Raiz Invest, founded in 2016, allows users to invest their spare change into a diversified portfolio of exchange-traded funds, including one that allocates some funds to Bitcoin. As of mid-2023, Raiz boasts over 314,000 active monthly customers and $988 million in assets under management. In August 2024, State Street Global Advisors took a 5% stake in Raiz Invest.
- Company Information
- Fintech Innovators Asia
- Updated:11/6/24
- Country/Territory:Australia
- Headquarters:Sydney
- Industry:Diversified Financials
- CEO:Brendan Malone
- Website:https://www.raizinvest.com.au
- Ticker:
- Company type:Public
- Revenues ($M):$15
- Profits ($M):$-2
- Market value ($M):$31
- Number of employees:
Figures are for fiscal year ended Jun. 30, 2024. Market value as of October 28, 2024. Source: S&P Global.
- Category:Wealthtech
- Rank within category:9
Raiz in Fortune Rankings
- Fintech Innovators Asia