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