Raiz Invest introduces savings goals feature, Raiz Jars

Raiz Invest, a leading investment platform in Australia, has introduced Raiz Jars, a new feature designed to help users manage their savings and investments with greater personalisation and simplicity.

 This innovative tool enables customers to set specific financial goals, track their progress, and allocate funds within the Raiz app, catering to both short-term and long-term aspirations.

Raiz Jars reflects the platform's dedication to making financial wellness accessible to Australians at every stage of life. By allowing users to create multiple savings "jars" tailored to individual objectives—such as a dream holiday, home improvements, or purchasing a new car—Raiz Jars aims to simplify goal-setting and improve financial management.

Brendan Malone, CEO and Managing Director of Raiz Invest, emphasised the company's mission to empower Australians in achieving their financial goals.

 "Our mission has always been to help Australians take control of their financial future," he said.

"With Raiz Jars, we're giving users even more power to save and invest in ways that suit their unique goals and lifestyles.

 This launch marks a significant step in our journey to make financial wellness accessible to all," Malone added.

The feature's intuitive design ensures ease of use for all users. Customers can:

• Set specific savings goals and track their progress visually.
• Allocate funds to different jars without incurring extra fees.
• Integrate their jars seamlessly with Raiz's existing investment portfolios, providing opportunities for long-term growth.

Raiz Jars is available through the Raiz app, making it a convenient addition to the platform's suite of tools. Its flexibility allows users to work towards various financial goals simultaneously, offering a highly personalised financial planning experience.

Since its launch, Raiz Invest has gained over 1.5 million sign-ups in Australia, transforming how people think about saving and investing.

 The addition of Raiz Jars further underscores the platform's commitment to transparency, simplicity, and trust.

By offering tailored solutions, Raiz Jars aims to address the diverse financial needs of Australians.

 Whether users are embarking on their financial journey or seeking to optimise their wealth-building efforts, this new feature aligns with their goals and lifestyles.

Malone highlighted the importance of this milestone for the company and its users. "Raiz Jars not only strengthens our existing platform but also equips our customers with the tools they need to succeed in their financial journey," he said.

Raiz Jars is a testament to the platform's commitment to innovation, supporting users in taking practical steps towards their financial aspirations.

 By combining savings tools with investment opportunities, Raiz continues to position itself as a trusted partner in financial wellness.

For more details on how Raiz Jars works, customers are encouraged to explore the feature through the Raiz app.