Australia's Raiz Invest hits 8-month high on record $1.3 billion FUM

RAIZ Invest

20/10/2025 04:06

** Shares of Raiz Invest RZI.AX rise as much as 4.9% to A$0.85, its highest level since February 12

** Financial services co posts record high funds under management of A$2 bln ($1.30 bln) by September end, a 32.5% jump Y/Y
** Says on track to meet FY26 UEBITDA guidance in range of A$4.5 mln - A$5.5 mln

** YTD, shares up 51.4%

($1 = 1.5368 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))