Raiz Invest Limited (formerly Acorns)
October 31, 2020
Raiz Invest Limited (formerly Acorns) is an Australian financial technology company operating in Australia, Indonesia and Malaysia. It is listed on the Australian Securities Exchange (ASX:RZI).
It allows Australian customers to micro-invest the remaining round up of everyday purchases in exchange traded funds. The service currently has 274,049 monthly active users with $498.11 million funds under management. The total revenue during FY2020 was $10.3 million.
Traded as: ASX: RZI
Industry: Financial technology