Raiz funds under management reach $2.17B as customers keep piling in
Raiz Invest reported strong growth in funds under management, which rose 23.6% year-on-year to $2.04 billion in Q3, driven by increased customer engagement and higher revenue per user. Despite a brief market dip in March, April saw a rebound with FUM reaching $2.17 billion and active users growing to 347,354. The company maintained its full-year earnings guidance and highlighted rising adoption of premium products like Jars, Kids, and Plus portfolios. Raiz is expanding its platform with AI enhancements, new trading features, and infrastructure for real-time payments.
- ▪Raiz Invest's funds under management reached $2.17 billion in April 2026, up from $2.04 billion in Q3 due to strong customer inflows.
- ▪Active customers increased to 347,354 in April, with average revenue per user rising 14.1% to $86.61.
- ▪The Raiz Jars product saw a 142.4% year-on-year increase in active accounts, reaching 33,331.
- ▪The company maintained its full-year underlying EBITDA guidance of $4.5 million to $5.5 million.
- ▪Raiz is developing new features including US equities access, instant payments, and AI-driven financial coaching.
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