You might have seen the headlines recently about State Street Global Advisors making a strategic investment in Raiz. If you’re wondering what this means for you as a Raiz user—or if you’re considering joining the Raiz community—here’s a quick rundown of the key points.
State Street Global Advisors, one of the world’s largest asset managers, has taken a strategic stake in Raiz, acquiring 4.8% of our share capital. This isn’t just about numbers; it’s a partnership that’s set to bring even more value to you, our users, particularly in the areas of financial education and literacy.
This investment is a big deal for a few reasons:
- Strengthened financial literacy: At Raiz, we’ve always been passionate about making financial tools and resources accessible to all Australians. With State Street Global Advisors on board, we’ll be able to tap into their vast library of resources, insights, and trends, giving you access to a broader array of financial literacy content and investment education tools.
- Global expertise, local focus: State Street Global Advisors brings a wealth of global market knowledge to the table. Combined with Raiz’s mobile-first, user-friendly platform, this means more innovative ways to help you manage and grow your wealth, whether you’re just starting out or are a seasoned investor.
- Continued innovation: While we’ve always prided ourselves on offering a diverse range of investment options, this partnership will likely open doors to new opportunities and tools that will enhance your experience with Raiz.
As a Raiz user, this partnership means you’ll soon see more educational content and tools within the Raiz app and website. Whether you’re looking to deepen your understanding of ETFs, learn more about superannuation, or explore more complex investment strategies, we’ll aim to provide resources tailored to every stage of your investment journey.
Brendan Malone, Raiz CEO, puts it best: “Raiz’s Australian customers, who range from beginners to experienced investors, will benefit significantly from the global resources that we can provide through this strategic arrangement. Between Raiz’s technology and State Street Global Advisors’ global investment capabilities, there are great opportunities for innovation in the Raiz product offering.”
In an increasingly competitive market, partnerships like this help set Raiz apart. While other fintech platforms may offer similar investment options, our focus on combining global expertise with a commitment to financial literacy gives us an edge that’s hard to match.
Stay tuned as we roll out these new resources and tools. And if you haven’t already, now’s a great time to download the Raiz app and start your own investment journey.
Published 09/09/2024
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Raiz Invest Australia Limited – Authorised Representative of AFSL 434776. The Raiz Invest Australia Fund and Raiz Property Fund are issued in Australia by Instreet Investment Limited (ACN 128 813 016 AFSL 434776) a subsidiary of Raiz Invest Limited and promoted by Raiz Invest Australia Limited (ACN 604 402 815).
Raiz Invest Super is a Division of AMG Super and is issued by Equity Trustees Superannuation Limited (AFSL 229757, RSE Licence No L0001458) as Trustee of AMG Super.
The information is general information only and does not take into account of your personal financial situation, goals or needs. You should obtain financial advice tailored to your circumstances by a licensed financial adviser.
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