Raiz

The micro fund manager reported a solid performance with increasing funds under management, revenue and active customers. On the sharemarket, investors have been finding some appetite for this stock, but it’s a far cry from the buying frenzy that took it to $2 in 2021.

There is a case to be made that RAIZ (ASX:RZI) presents a significant market opportunity, if you have faith in the platform’s ability to diversify its revenue streams and consolidate its significant fan-base.

Raiz Invest (ASX: RZI) – The micro-investing app has announced its active customer numbers and its funds under management (FUM) statistics for the month to 30 April. The group is continuing to see strong growth as retail investors flock to the market.   The app continues to grow exponentially, up 96% over the last 12…

Listed fintech RAIZ Invest (ASX: RZI) this week announced they had ‘established the process to allow SMSFs to invest’ in their diverse range of ETF model and Custom Portfolios. The announcement flags an acceleration of the $665 million platforms growth strategy as it continues to disrupt the Australian investment landscape. RAIZ has traditionally focused on…

Micro-investment platform Raiz Invest (ASX: RZI) capped off a stellar year by announcing the launch of its Custom Portfolio product this week. The option joins the seven existing automated investment portfolios that have seen one of Australia’s first FinTechs grow to over $600 million in assets under management. In a personal letter to shareholders and…

A new date has entered share market history – 9 March, 2020. This day gave us the worst one-day drop on US markets since the GFC-inspired crash of 2008, with a global pandemic and an oil price war between Saudi Arabia and Russia the dual triggers. Since then, share markets globally have clawed back some…

Neobank Douugh (ASX: DOU) shares are up 30% at the time of writing, and up a whopping 1100% after a successful backdoor listing on the ASX at 3c. Neobanks (or digital banks) are simply new app-based banks. No branches, no cash, and interaction entirely through a smartphone app. Although dubbed a neobank, Douugh is so…

The scale of the human, social and economic costs wrought by COVID-19 has prompted some politicians to compare it with war. Although this might create some good political spin, which is always attractive to politicians, it is not correct. The differences between COVID-19 and actual war are many and varied. In truth, the only thing…