Raiz funds under management reach $2.17B as customers keep piling in

{"@context":"https://schema.org","@type":"NewsArticle","dateModified":"2026-04-28T05:39:02Z","datePublished":"2026-04-28T05:39:02Z","description":"Raiz Invest lifted funds under management 23.6% to $2.04B in Q3 and grew revenue per user 14% to $86.61, with a rebound pushing total funds to $2.17B in April.","headline":"Raiz funds under management reach $2.17B as customers keep piling in","keywords":"Bulls N' Bears, Shares, Sharemarket","author":[{"@type":"Person","name":"Penny Taylor"}],"mainEntityOfPage":{"@id":"https://www.smh.com.au/business/companies/raiz-funds-under-management-reach-2-17b-as-customers-keep-piling-in-20260428-p5zrs9.html","@type":"WebPage"},"image":{"@type":"ImageObject","height":"1322.6666666666665","url":"https://static.ffx.io/images/$zoom_0.7354166666666666%2C$multiply_0.7025%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_27/t_crop_custom/q_86%2Cf_auto/98502a61e8e0db3cbb543e93eca1b818808a18892d173cba9487054536d020fe","width":"744"},"isAccessibleForFree":false,"hasPart":[{"@type":"WebPageElement","isAccessibleForFree":false,"cssSelector":".paywall"}],"publisher":{"@type":"NewsMediaOrganization","name":"The Sydney Morning Herald","logo":{"@type":"ImageObject","height":"628","url":"https://www.smh.com.au/metro-assets/assets/static/smh.png","width":"1200"},"url":"https://www.smh.com.au"},"isPartOf":{"@type":["CreativeWork","Product"],"name":"The Sydney Morning Herald","productID":"smh.com.au:webonly"}}{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","item":{"@id":"https://www.smh.com.au/business","name":"Business"},"position":1},{"@type":"ListItem","item":{"@id":"https://www.smh.com.au/business/companies","name":"Companies"},"position":2},{"@type":"ListItem","item":{"@id":"https://www.smh.com.au/topic/bulls-n'-bears-san","name":"Bulls N' Bears"},"position":3}]}AdvertisementSponsoredBusinessCompaniesBulls N' BearsRaiz funds under management reach $2.17B as customers keep piling inBrought to you by BULLS N’ BEARSPenny TaylorApril 28, 2026 — 3:39pmSaveYou have reached your maximum number of saved items.Remove items from your saved list to add more.ShareAAAMicro-investing innovator Raiz Invest has shaken off market jitters to deliver a confident third quarter, stacking solid gains across its key metrics, while sharpening its product push and AI playbook.Funds under management (FUM) surged 23.6 per cent year-on-year to $2.04 billion, active customers climbed to 340,222 and average revenue per user (ARPU) jumped 14.1 per cent to $86.61.Raiz Invest’s Raiz Jars product surged 142.4 per cent year-on-year as total funds under management nudged past $2 billion.Whilst a March market wobble briefly dulled activity, April has already sparked a sharp snapback, with FUM climbing to $2.17B as sentiment steadied and active customers further increasing to 347,354.Despite the volatility, the company has notably maintained its full-year guidance, with a forecast for underlying earnings before interest, tax, depreciation and amortisation in the range of $4.5M to $5.5M.Advertisement‘The Raiz business model has, once again, proven resilient in the face of market volatility.’Raiz Invest managing director and chief executive officer Brendan MaloneAt the heart of Raiz’s product offering is a simple yet sticky mechanism for retail investors to build capital. The platform rounds up everyday purchases to the nearest dollar and funnels the spare change into investment portfolios, quietly converting…

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