The Age
·general
·1 hour ago
Raiz funds under management reach $2.17B as customers keep piling in
Raiz Invest reported a surge in funds under management to $2.17 billion as of April, buoyed by increased customer engagement. Active customers rose to 347,354, with average revenue per user climbing 14.1 percent to $86.61. The company maintains its full-year earnings guidance of between $4.5 million and $5.5 million amid ongoing market volatility.
Summary by Glance · The Age
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