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Raiz swells to $2.32B FUM, new CEO targets M&A opportunities
['Andrew Todd']
Sydney Morning Herald - Business
AdvertisementSponsored BusinessCompaniesBulls N' Bears Raiz swells to $2.32B FUM, new CEO targets M&A opportunities Brought to you by BULLS N’ BEARS Andrew Todd July 30, 2026 — 12:43pm Save You have reached your maximum number of saved items.
Raiz Invest chief executive officer Craig Keary says it is time for the company to use its robust multi-billion-dollar foundation to attack M&A opportunities.
Raiz Invest chief executive officer Craig Keary Raiz says its latest strong quarter added 11,140 new customers, pushing its total active user base to 351,362 for $2.32B in FUM, a 6.7 per cent lift YoY.
Raiz Invest chief executive officer Craig Keary said: “Raiz has a solid foundation of Active Customers, FUM, strong balance sheet and market-leading products for first-time investors.
Under new management, armed with a clear mandate to hunt for strategic deals, Raiz Invest appears to have matured beyond being just a clever savings app for tech-savvy millennials.