• Active customers up 5.7% YOY to 336,048
• Record FUM of $2.1bn, up 28.5% YOY
• Plus and Kids products performing strongly, with FUM up 50% and 65% YOY respectively

Raiz Invest (ASX:RZI) has provided its business update for the quarter ending 31 December 2025 (Q2 FY26). Key highlights include:- Active Customers up 5.7% year-over-year to 336,048, with 339,829 as at 23 January 2026- Record Funds Under Management (FUM) of $2.1 billion, up 28.5% year-over-year, with net inflows of $62 million- Strong performance of the Plus and Kids products, with FUM up 50% and 65% year-over-year respectively- Strategic partnership with Year13.com.au to drive customer acquisition and awareness- Ambitious product roadmap for 2026 including US-listed equities and direct ASX trading- AI-driven customer experience enhancements such as AI-enabled digital onboarding and AI-personalized coachingRaiz Managing Director and CEO Brendan Malone noted that while growth in Active Customers was softer than anticipated in Q2, the underlying strength of the business remains robust, with strong engagement and retention across the company's product offerings. Raiz remains on track to deliver FY26 UEBITDA in the range of $4.5 million to $5.5 million.

Raiz is on track to deliver FY26 UEBITDA in the range of $4.5 million to $5.5 million.

Raiz has an ambitious product roadmap for 2026, including plans to offer direct access to US-listed equities, direct ASX trading, and instant payments. The company is also building AI capabilities to enhance the customer experience, including AI-enabled digital onboarding and AI-personalized coaching.