Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Australian micro-investing app Raiz Invest reports a 19% revenue increase to $21m and secures a $2m investment from State Street Global Advisors.
Australian micro-investing app Raiz Invest reported a 19% revenue increase to $21m, turning a $2.4m loss into a $1.3m EBITDA.
It secured a $2m investment from State Street Global Advisors at a 9.3% premium.
The partnership will enable Raiz to expand product offerings, invest in strategic opportunities, and provide its customers access to financial literacy content and resources.
Raiz's financial report showed a 16% rise in average revenue per user, a 23% increase in funds under management, and a 4% rise in active customers.
24 Articles
La aplicación australiana de microinversión Raiz Invest reporta un aumento de ingresos del 19% a $21 millones y asegura una inversión de $2 millones de State Street Global Advisors.