BUZZ-Australia's Raiz Invest hits 8-month high on record $1.3 billion FUM

Reuters

2025/10/20

BUZZ-Australia's <a href="https://laohu8.com/S/RZI.AU">Raiz Invest</a> hits 8-month high on record $1.3 billion FUM

** Shares of Raiz Invest RZI.AX rise as much as 4.9% to A$0.85, its highest level since February 12

** Financial services co posts record high funds under management of A$2 bln ($1.30 bln) by September end, a 32.5% jump Y/Y** Says on track to meet FY26 UEBITDA guidance in range of A$4.5 mln - A$5.5 mln

** YTD, shares up 51.4%

($1 = 1.5368 Australian dollars)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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