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flag Australian micro-investing app Raiz Invest reports a 19% revenue increase to $21m and secures a $2m investment from State Street Global Advisors.

flag Australian micro-investing app Raiz Invest reported a 19% revenue increase to $21m, turning a $2.4m loss into a $1.3m EBITDA. flag It secured a $2m investment from State Street Global Advisors at a 9.3% premium. flag The partnership will enable Raiz to expand product offerings, invest in strategic opportunities, and provide its customers access to financial literacy content and resources. flag 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.

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