BUZZ-Australia's Raiz Invest hits 8-month high on record $1.3 billion FUM
Reuters
Oct 20, 2025
BUZZ-Australia's Raiz Invest 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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