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Raiz Invest Limited (ASX:RZI)

ALERT: Price-sensitive ASX Announcement for RZI
Current share price for RZI : $0.525 -0.285 (-35.19%)+
Announcement
Release
20 Oct 2025 9:41AM
Price at Release
$0.810
Full Release
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Summary
Raiz Invest Limited reported a strong Q1 FY26 performance with an 8% YOY increase in active customers, reaching 335,542, and a record $2 billion in funds under management (FUM). The quarter was marked by minimal churn following a price increase on August 1, 2025. New product launches included Raiz Lite, a low-cost plan for first-time investors, and enhancements to its platform, such as Raiz Academy for financial literacy. Strategic partnerships were bolstered through collaborations with State Street Investment Management and KFC. The company also introduced a new fee structure, which resulted in lower customer churn than previous increases. Raiz remains on track for its FY26 UEBITDA guidance of $4.5m - $5.5m.
Key Points
  • Active customers increased by 8% YOY to 335,542.
  • Funds under management reached a record $2 billion.
  • Raiz Lite and Raiz Academy launched to enhance customer offerings.
  • Strategic partnerships expanded with State Street Investment Management and KFC.
  • New fee structure implemented, resulting in lower churn.
  • FY26 UEBITDA guidance maintained at $4.5m - $5.5m.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.