Raiz is a micro-investment app looking to bring a new, natural approach to saving and investing. The concept behind Raiz is simple; by starting small, contributing often and committing long-term, anyone can achieve “financial well-being” and reach their saving goals. What is revolutionary about Raiz is that it is a micro- investing platform that allows you to get fully invested in a basket of ETFs quoted on the ASX for as little as $5. This provides first time investors with the tools to make small contributions easily, regularly and cost efficiently.
With low maintenance fees of $1.25 a month, using Raiz for a year can cost less than some traditional brokers charge for a trade. Furthermore, with Raiz there are no exit fees, switching fees, brokerage fees and withdrawing money from your account takes a couple of swipes. For as little as $5, anyone can now own a diversified portfolio of stocks. We also believe in the financial education of all Raiz customers; a lack of knowledge shouldn’t be a barrier to investing; this is why we make the app easy to use, provide real-time information on your investments, and give everyone a chance to learn about markets through the app and through Raiz content.
These are the three easy ways to get invested with Raiz:
Round-ups
This key innovative feature links spending to savings. People invest small change every day without even thinking about it. Raiz makes it possible to link your credit and debit cards and then round up the virtual change from every transaction. A virtual “piggy bank”.
Automatic Investments
Raiz also makes it easy to set up recurring deposits on a daily, weekly, or monthly basis. Setting up automatic investment can be done in seconds through the app, and is great for maintaining a regular savings plan.
Lump Sums
Our users can also invest any amount, at any time, with a simple lump sum investment.
With these unique ways to fund your account, Raiz is creating an entirely new approach to saving and investing your money.