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Raiz Invest Ltd. ( (AU:RZI) ) just unveiled an update.
Raiz Invest Ltd. reported strong financial results for the first half of FY25, with a 14% increase in revenue to $11.6 million and a significant rise in Funds Under Management by 32% to $1.61 billion. The company has also formed a strategic partnership with State Street Global Advisors to enhance market awareness and develop new products, indicating a positive trajectory towards profitability and market expansion.
More about Raiz Invest Ltd.
Raiz Invest Ltd. is a leading investment app company operating in the financial services industry. The company focuses on providing investment opportunities through its app, which includes products like Raiz Plus and Raiz Super, targeting a diverse customer base including kids and superannuation customers.
YTD Price Performance: 35.48%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €46.34M
For a thorough assessment of RZI stock, go to TipRanks’ Stock Analysis page.
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