• Active Customers up 4.7% YOY to 340,222
• ARPU up 14.1% YOY to $86.61
• FUM up 23.6% YOY to $2.04bn

Raiz Invest Limited (ASX:RZI) has reported its Q3 FY26 quarterly business update, highlighting a resilient business model with strong customer engagement. Key highlights include: Active Customers up 4.7% YOY to 340,222, ARPU up 14.1% YOY to $86.61, and FUM up 23.6% YOY to $2.04bn. The company also won two WeMoney Awards for Best for Round-Up Investing and Best for Kids Investing. Raiz is focused on maximising value through the customer lifecycle by innovative products designed to deepen engagement with existing customers and attract new customers. The company is building capabilities to deliver additional new transaction-based revenue streams, in addition to its subscription-based business model. During Q3 FY26, Raiz continued to make progress on key product development initiatives, including US-listed equities, direct ASX trading, and instant payments. The company is also developing AI capabilities to enhance customer experiences, including AI-enabled digital onboarding, AI-enhanced Raiz Rewards, and an AI-personalized coach. Raiz has completed an upgrade of its data architecture, improving operational efficiency and supporting future product and revenue initiatives. The launch of the new Raiz app is on track for Q4 FY26, with an updated look and feel and enhanced functionality.

Raiz remains on track to deliver FY26 UEBITDA in the range of $4.5m to $5.5m.