Raiz swells to $2.32B FUM, new CEO targets M&A opportunities

Raiz Invest grew its funds under management to $2.32 billion, a 27.5 per cent year-on-year increase. The platform now has 351,362 active customers. New CEO Craig Keary said, "focus can now turn to accelerating growth, including an eye for opportunistic merger and acquisition openings." The company also holds $15.4 million cash.