Company Interview / Raising it up with RAIZ

Raiz Invest's (ASX:RZI) revenue grows 14% to $6.1 million in Q3 FY25. Brendan Malone, CEO of the company, shares that Raiz focuses on micro-investing, leveraging technology to automate savings, appealing to Australians amid economic uncertainty.

Brendan outlines that over 60% of Raiz customers maintain automated deposits, demonstrating resilience. The platform witnessed a 6.9% growth in active users over 12 months, supported by initiatives like Raiz Kids, which now has over 35,000 accounts.

Raiz (ASX:RZI) seeks to enhance financial education and inclusion in Australia, resisting global expansion. Brendan highlights the importance of customer engagement, financial tools, and potential mergers to bolster Raiz’s growth and services.