Company Interview / Raiz bets on growth, innovation in tech & customer engagement

Brendan Malone of Raiz Invest (ASX:RZI) expands on the company's strong quarterly results, indicating progress in cleaning up past challenges and focusing on growth in the Australian market.

He says the two core foundations of Raiz are consistent small investments and leveraging technology to save and invest efficiently.

Revenue drivers include maintenance, account management, advertising, and transactional fees, with plans to increase the maintenance fee slightly for enhanced revenu.

Innovation is key for Raiz, staying receptive to customer feedback for product development. The introduction of 'Jars' for savings goals and the 'Plus' model for fractional shares demonstrate this.